No inflation...Still deflation??? They also said the housing market was better in Oct 2012, well I do not know where they are looking, but I know Phoenix had a baby pop, and now houses are being discounted again. Even in cities in Texas that were not really affected at one time cannot sell homes. You have to have a real growing economy for Housing and PM's to take off. All you see now is certain countries posturing. If gold is up, its not because we are buying it.