I think the market knows exactly what it's doing. The equity market is made up of too many numb nuts. The futures are speaking, but we only need a few that are listening for now 'till we get set. I reckon Mid-Jan to February is when the fun will begin for gold 'specially if the US face any sort of resistance. Upon decleration of war, the USD will collapse. How will the USD recover whilst in a precarious debt position? Me thinks, when Dubya and gang officially declare war on Iraq the USD will not recover, in fact I think it will lose approx 10% of its value upon decleration, and then a devaluation and to top it off a re-rating and a change of policy from the White House, untill the debt situation is sorted out because its insolvency is unsustainable and bubble is about to bust - decleration of war will do that. Gold is the only saviour -- bye bye paper money.
