The world is presently distracted by the possible growth of US economy.
But the Euro zone massive debts have not gone away.
US enormous debts have not diasppeared.
US have not stopped printing money.
They need the Congress to approve their current debt ceiling for borrowings to beyond $13 trillions.
Dubai World needs to refinance their massive borrowings.
To me, big fund managers need volatility to trade the market.
Within the next few days, all the above negative news will be highlighted again and down goes the stock market and up goes the gold price.
Ignore the short term adjustment of gold price.
The world has not adjusted their long term problems yet.
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Open | High | Low | Value | Volume |
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5 | 15480 | 1.050 |
2 | 11615 | 1.040 |
1 | 7000 | 1.030 |
2 | 10656 | 1.025 |
Price($) | Vol. | No. |
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