overall the market..
is overbought.. s&p 500 sooner or later a good correction will come there and usually they will take gold down at the same time.. carry trade unwinding abit.. however the major currencies have a long way to go to the devalued side.
China is pretty upset with Obama selling weapons to Taiwon so they won't be buying the US treasuries the way they did at one time... it's a perfect picture for gold and even Soros knows that.. TMM has rebounded nicely but i feel it's undervalued right now.. $2 would be a better valuation.. for now.
salute