Its harder than ever to pick the future. Its like trying to...

Its harder than ever to pick the future. Its like trying to sight the horizon on a 10m sea. Some of my friends are 100% cash, some are heavy in gold, some heavy in gold stocks. And these are no mugs... some are set for life already.

I can't imagine what it would be like in Germany atm. The EU seems to be carried by the strength of one economy, Germany. France is carrying too much Greek debt, and who else is there?

I think we will have to see a Greek default. I think in the end, they will have to allow it to happen. World market upheaval will continue. The flight to the $US will continue. Gold will bounce around but markets will move south time and time again.

In the end... whenever that is... gold producers should appreciate in spectacular fashion. But I am disturbed that the journey may be too rough for most of us, and wealth will be re-distributed in a chaotic fashion.

I am favouring short term buy and sell cycles. But already, my "I wuz gunna" stories are mounting!