With most savings accounts drying up and a lack of job availability, it would seem almost reasonable to expect levels of crime and public anger to settle in. We are in a cycle of life where before the economies globally can rebuild, more economic disaster will be on the way. With food shortages and companies unable to pay their rents, this may lead to further closures and more unemployment which will be hard to find a fair price for food as people have a lack of money but there is also a lack in supply of goods.
With that said for the week, we are expecting higher prices in the dollar and therefore weaker prices in foreign currencies. While we do not believe gold is finished running higher, we do expect a further correction in price to lower levels.