Who knows what will happen, all I know Europe is trading in a lot of Euros right now for GOLD. Why? Nobody knows, how come the media isn't talking about it! Who knows. They will come out with it soon.
I believe this is the beginning of a big drop coming soon in August. GOLD will spike to 1800 while the market falls.
All speculation on my part. For all I know my theories is crap and this is the beginning of the next leg up on the market.