The timing is good because our markets are closed for Monday and Tuesday so gold may actually track higher with only Asian buying. The rate high was largely discounted into the trading already since there has been so much speculation about this all month, but I still think we will see a blip of weakness in all commodity stocks on Wednesday and then probably flat trading on thin volume the rest of the week. I am still looking for a huge 2011 for the PM sector.
cheers!
mike