RE:Au price screamingBe careful. Watch the bond market. If there is a credit event, gold could initially take a hit as the Fed would be reluctant to save the day with inflation still too high. Once the Fed begins bailing the economy out with free money, then gold's move higher will accelerate. Ithink a recession is unavoidable and the Federal deficits will explode higher and I don't see much politicians or the Fed can do to prevent that, especially given the need to finance two and possibly three wars. Likewise, rates would normally decrease in a recession, but they may actually increase once the deficits explode higher to $3-$4 Trillion.