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The main reason why Gold is selling is because of the Taliban is taking control in major regions of Pakistan.A weak government with a nuclear arsenal spells trouble.We turned our back on Mubarak and this is the result.
My using the word selling may be misunderstood. People are buying gold (gold is selling) for the above reason -Taliban taking control in regions of Pakistan.
What am I saying? I meant Musharraf did not get our support, now look what a mess we have.Reminds me of us suggesting democratic elections for the Palestinians and we got Hamas in power.Will we ever learn?
Maybe a gap had to be closed today.
If not Pakistan then there's some other hot spot flaring up like maybe Israel versus Iran. That's what I love about gold-bugs; they break out in smiles when the Apocalypse seems immanent. :)