We are in the middle of some major world shaking financial and social events.

The fact that every asset class from gold to oil is falling means this is quite different from previous simple corrections,We are in the middle of some major world shaking financial and social events. Partly from  a communist who was just elected in Greece and a socialist now president in France, all the Europe woes are returning with a vengeance and their destructive power leaves no place to hide. Conserve cash till clarity appears  on the horizon. Only buy small amounts of precious metals because the free fall is not even close to over.This is my opinion of whats happening. Marvin

Where is Gold Going Up Down or Sideways?

By now, most are wondering if gold will hit  $1400 an ounce or $1800 first? I  personally believe we are on the fast track to $1400. Why? As of December 28th the Euro hit $1.26 and gold went to $1520. From what I see gold is tracking exactly in tandem with the euro.