The Economy

Its obvious investors think there is going to be a massive government ballout,with big spending programs to revive the economy. Gold along with many other commodities are poised to go much highter. Based on the news at hand gold should be heading lower. Gold is tradionally a hedge against inflation. Right now housing prices and wages are heading lower which is usually very bearish for gold. Yet gold is ready to go much higher. Investors must believe Washington is going to spend its way out of this mess.