Gold is going to run

Makes no sense for it not to.

QE is ending on March 01/10 and Bernanke has stated that interest rates need to remain low:

http://finance.yahoo.com/news/Bernanke-Recordlow-rates-apf-1919371045.html?x=0&sec=topStories&pos=4&asset=&ccode=

And bond prices are falling:

"Bond prices fell again after a third straight auction for government debt drew less interest than in past months. That is a worry for investors because Washington could have to boost interest rates to entice buyers. Doing so could risk hurting the economy by driving up borrowing costs"

http://finance.yahoo.com/news/Stocks-give-up-steep-gains-on-apf-1294257092.html?x=0&sec=topStories&pos=main&asset=&ccode=

Didn't Bernanke just say no to increasing interest rates???

So will QE be back on the table for the US??

A high dollar does not help the US economy at this point.

Lots of uneasiness around the euro, that could be cleared up by this evening with a firm rescue package.

I think gold has been sensing all of this and SKI will validate this by buying the 16er and combine with the 35er for the pop everyone is looking for this spring. Enough to exit our positions for the people that have held and enough for the traders to make money on the people who have just sold.

Looks like we just got the rescue package, lets see how the market reacts.

http://finance.yahoo.com/news/Eurozone-agrees-on-bailout-apf-1325706734.html?x=0&sec=topStories&pos=main&asset=&ccode=

Just my thoughts.