SP, sure hope that Commodities on Line article is right. There are a bunch of reasons gold&silver could continue up. Choosing accurate information and being able to weave it together to make a correct guess of what gold&silver will do in the short & short-intermediate term is a challenge for sure.
With this in mind one of today's KING WORLD BUSINESS articles written by Michael Pinto might give clues about what to expect. His piece starts with a current survey of Europe and ends by citing what is about to happen in the U.S. - tax increases, budget cuts, etc. - and the likely (short term) deflationary impact these changes will produce which will negatively impact the price of gold&silver along with other assets). He says this short lived deflation will cause a quick return to massive currency printing which will strongly support gold&silver pricing.
His logic has produced a believable scenario and sounds the same as what Mike Maloney offered just a few short years ago. Watching the tug-of-war between various current positives and the coming negative deflationary factors ought to be very interesting.
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