yes skol,bugger all profi on 8000 jet orders made by companies...

yes skol,bugger all profi on 8000 jet orders made by companies that have an oprion to cancel...... tat is clear and unequivacle proof that we are all going to muddle through making the debts of the worlds biggest econoies disapear..
if china dips below 7% its going backwards n employment from theat point.
there is more stimulus from them for that reason, to stave off the turmoil.
you have great faith in the ability of teh US to get through this problem... but you have to ask how they have managed so far....
by printing 5 trillion of QE1 and 2.
and when they did, the POG went from 800 to 1900... in the following years.
so i think you would agree more QE is on the way from the US, ( not least because they have to to devalue the dollar to remain competitive) and if QE happens, then it is reasonable to assume gold will go up accordingly.
and if the untinkable happens... and no QE, then the market will grind to a halt as banks will not lend to any sovereign thats has a bad balance sheet, or indeed teh banks of that nation. and then contagion happens.
you can keep looking at the US, and electing anecdotes, as ther are pockets of relative weath ther still, North Virginia , dakota to name but 2. but the problem although starting in the US is not confined there now and has gone global.
until you accept the world wide picture of the current issues then you lose a lot of credibility in your argument.