erratic gold - no deal?, page-5

A deal just means they can print more money......i don't think people realise how absurd the concept of this "ceiling" actually is. They should do away with it, they never pay any attention to it anyway.

The environement for gold is strong. We have global uncertainty and a complete lack of faith in the govts. of the world. That is why gold is so high right now....the people have lost faith in govts. who are content printing money as a solution to all ills.

For gold to fall people's faith in the US economy and the dollar as a reseve would need to be restored. That doesn't look like it's happening any time soon.