Given the rise in equity markets since the nadir of the economic crisis at the end of 2008, it seems counter-intuitive that Gold has actually risen strongly since then as if anything, one might have expected it to rise steeply in 2008 and fallen since as the immediate risk to the global economic system receded in the face of concerted action from Central Banks.  Is this telling us anything and are Volcker (and Paulson's) recent comments likely to relate to current affairs, not history?