Is Gold on the Edge of a Violent Downturn?

  Is Gold on the Edge of a Violent Downturn?

"It appears that the market has decided on gold's fate. And it's not looking pretty. 

It looks like gold is about to see prices collapse and is on its way to $700," Jacobs added. 

http://ca.finance.yahoo.com/news/gold-edge-violent-downturn-110821349.html 

 

UK consumer is highly indebted and has made little progress in paying it off over the past three years. In fact, their debt ratio is down just 6 percent from its peak, whereas the U.S. ratio has fallen 11 percent.

http://www.moneyandmarkets.com/uk%E2%80%99s-financial-sector-smack-dab-in-the-crosshairs-and-so-is-the-pound-49954?FIELD9=3 

  

Financial ‘Armageddon’ Will Happen Despite EU Deal: Rogers

http://www.cnbc.com/id/48008281 

  

John Embry on Gold, Silver, Currencies and Commodities

http://www.safehaven.com/article/26010/john-embry-on-gold-silver-currencies-and-commodities