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Gold chart watchers
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campbell
Posted 12/4/2012 18:34 (#2732981 - in reply to #2732611)
Subject: RE: Gold chart watchers


CENTRAL ILLINIOS
Problem though is what if we do go off the fiscal cliff. Wouldn't that be bearish gold and silver - actual deficit reduction not just talk. I am long PM's but nervous. I don't think the conservatives would care that much if we did get some spending cuts even if at the expense of tax increases. There is probably no other way budget cuts will ever come about. On the other hand it seems like some on the other side don't care if we go off the cliff because a.) tax increases on the wealthy, b.) a lot of the spending cuts come in the defense budget, and c.) they will have something else to blame on the Republicans.
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