why doesn't the market take to myg, page-8

The resource looks very good, I think people are nervous about weather they can get finance ATM.

Appetite for risk is not there, belief in commodities not there, PM's wait and see if EU and US have to use more QE

There must be a lot of cash sitting in the sidelines waiting to move - looks like the market is drifting sideways and down as it waits for direction.

I just cant see Europe agreeing to restructure its debt - cant see them agreeing not to either - so it could be a slow protracted death, that will push money into USD, which will take the attention of US debt for a while, and possibly hurt price of gold. But US problems will not go away, and a rising dollar wont help them either. ah my crystal ball is fading fading...but wait I see some letters MYG

buggered if i know