Greece is going to be 'hung'. But both parties agree with the EU plan.
France is more interesting. But a status quo should cause few ripples and if the non-austerity guys get in, it should be good for QE.
So, I must be mis-interpreting. But it seems the status quo is not bad for gold. And more QE is also not bad for gold.
My thinking, however, is this. The media will paint some armageddon story, and frighten the crap out of all, fearing a deflationary crash... then you will see gold capitulate.
But this is only guessing. The media always intrigues me as they actually do not tell the news. They tell THEIR opinion on the news. And the people listen (too dumb and uneducated to think). Mind you, the people hardly have time to ponder all this. It is only a few of us idiots who ponder all this. And we cant even agree.
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