RE:Greek default today won't crash the systemYes they need a loan to pay off alone. Remind you of something? I'm now convinced that this thing that's happening in Europe could be one of the best things that happens to gold. You don't have to read too far back in the history books to know that gold has been a standard for Europeans and Asians over the past many centuries. Something they can trust and rely upon. Paper dollars have a way of being worthless overtime. Whether gold drops back to 1000 before taking off or stays where it is, it does not really matter. The is was there and we all know it.
I noticed house 24 waiting back at $4.88 for another 10,000 before the clothes. Did not happen and this Time we have a close above five dollars for the first time since May 25. I'm convinced that news release about launching software services for US customers that was given on June 26, is still being digested by the market . Not much of a pop at that time but that may be the catalyst that drives this past the old high during July and August.
House 24 and house 83 were busy today buying big lots. Both US brokerage houses. I expect that will continue.