This is a pure gamble now as no one knows whats next, but I tend to believe that US will "fix" their problems.
The same with Euro.....in the middle of their crises people said Euro will collapse...and I never believed that politician with huge ego and human race will at the end come up with solution.
They will never let USA collapse.....so they will approve the debt limit and that is not good for GOLD short term.
Long term no one knows......I tend to believe GOLD will be sold down more.
Cheers,
NCM Price at posting:
$10.20 Sentiment: None Disclosure: Held
