another hotspot, Pervez Musharraf is resigning. not a sudden news, but anticipated. Implication, the Taliban militants would soon be stirring, bços the democratic party of the late Benazir Bhutto, probably want to get even with the Taliban. And we would expect wide spread violence in a Nuclear Enabled Country.
US is losing power in Pakistan, and going to relinquish Iraq soon. The stage is now set for violent GeoPolitical events.
Gold fell as it has no fear. Just like a stuntman, if you know you would be well cushioned, the fall is ok. In fact the more dramatic the fall, the better it is.
As does EURO.
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