We know that at some point in the future, not tomorrow and not this year, but some point, the time for being a government creditor will over. Their unpayable debt will come tumbling down, and with it the currencies back by this debt.
This is what often happens at the “too late” or “almost too late” point… [PT]
But today is not that day. Today, we want to know when gold will have another run up. The price hit a high of $1365 in early April. Now it is over $140 lower. That’s no fun (even for us).