gold heads into orbit, qe3 incoming, page-10

I have been an avid watcher of the GOLD and SILVER price for almost 4 years.

I read most posts, related articles etc.

Now the Debt Ceiling scenarios.
1. The USA defaults(technically) and the GOLD price goes upwards as the US dollar declines.
2. There is a Debt Ceiling increase, now we all expect this to happen, I do, you do, everyone does, right? Once this deal gets announced, you watch the GOLD and SILVER price get hammered. It is all about numbers, they will announce 3 or 4 trillion in cuts and tax increases, what they mumble and fail to stipulate is that this plan is over 10 years, yes a DECADE!!!! That is 400 billion a year, 400 billion a year LOL
But Mr. Market will see the 3 or 4 trillion number, see everything USA as OK and buy the USD and sell PM's.
Short term we may see PM's decline , but once Mr. Market grows a human brain we will see another upward gain.

cheers