Massive over-reaction to the Japanese crisis. In the days before 24 hour news cooler heads would prevail. Now, no News network wants to report that problems will be contained within a 20km radius - that doesn't sell like shock and horror.
Tell me logically how this incident, along with the Japanese money printing, can be negative to gold and gold equities based in other countries?
People might see this as a lead-up to GFC2. Sorry, too many are predicting this, so it won't happen. Bernanke and co will continue to inject liquidity to give the illusion of a recovering US market and avoiding a 2008-type rout.
