greece out print money, greece in print more, page-12

Yes NST is a good place to be and what a ride.

We are however here for a little while at 90 in my view absent inspirational news.

My prediction is that we will not get the QE that the gold market is positioned for. Not even a twist extension IMO.

We are set up for a gold dip.

This does not mean that it is all over, just that we will see a 15 handle before we see 17.

Ben B could not have been clearer about what it would take for QE and the conditions have not yet been met. I would happily take a bet against gold in the short term. Note, st perspective.

Give added weight to the current politics in the US and we will not see anything QE until we experience either a shock, ( plenty of opportunity) or the election behind them and a deteriorating employment condition and benign inflationary profile.

Sorry folks, gold is in for a dip. Not game over, just a disappointment dip.

Of course I am just a punter, don't take a position on my view.