I think it’s all about the Euro. I think the Euro is strengthening because Greece is headed out the door.
As for the consensus about gold crashing with world markets? I dunno, but it seems to me the hedge funds might be on the wrong side and gotten a little too heavy on the short side, hard to say how much of a rally in gold that’s going to be worth. I guess the miners will let us know right?
SM bouncing off the 200 dma, I wonder if it will continue to hold?