GOLD Dip Temporary!U.S. dollar will drop in due course putting upward pressure back on Gold. If Americans decide to invest in gold like the Chinese or even their own University Endowment did a few weeks ago the price could go much higher. The likelihood of an interest rate hike in the U.S. any time soon is a long shot. How they will pay down their debt is a question that has many scratching their heads. A default that was unthinkable a short time ago could very easily become the reality. So many unknowns and negative news the market simply doesn't know what to do. Will Americans invest their capital overseas to ride out the uncertainty in their dollar???????????????????????????????????????????????
Hold on, the markets will be a wild ride for the foreseeable future. Not for the faint of heart!
JMHO
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