This was my preferred outcome to the Greek election because I prefer austerity to deadbeat reneging, but more so because now the analysis can remain on track without the extreme uproar that renewed euro panic and policy response would have prompted.
For now - until the next leak springs in the euro (or US, or China or...) dyke - we can go back to managing decelerating US and global economies, an over bought deflation case and US policy makers, who happen to be meeting tomorrow and Wednesday, playing it coy with regard to the 'will they or won't they?' question on inflationary policy in this presidential election year.
Gold may have launched to who knows where if the euro had begun falling apart. I for one am glad it did not. The case for gold mining is on track fundamentally although as NFTRH192 pointed out, there remain open questions on the near term technicals.
So as the title says, back to our regularly scheduled programming and glad of it!
http://www.biiwii.blogspot.com
http://www.biiwii.com
Subscribe to NFTRH or
Subscribe to the free eLetter
For now - until the next leak springs in the euro (or US, or China or...) dyke - we can go back to managing decelerating US and global economies, an over bought deflation case and US policy makers, who happen to be meeting tomorrow and Wednesday, playing it coy with regard to the 'will they or won't they?' question on inflationary policy in this presidential election year.
Gold may have launched to who knows where if the euro had begun falling apart. I for one am glad it did not. The case for gold mining is on track fundamentally although as NFTRH192 pointed out, there remain open questions on the near term technicals.
So as the title says, back to our regularly scheduled programming and glad of it!
http://www.biiwii.blogspot.com
http://www.biiwii.com
Subscribe to NFTRH or
Subscribe to the free eLetter
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