truthingold.blogspot.com / By Dave in Denver / December 31, 2012
The Fiscal Cliff farce will be “fixed” one way or another. All you have to do is look at where the carrots are hanging in front of the Asses and Elephants. In fact, Obama just gave the children in Congress a nice pay raise, but they won’t get any pay if the “Cliff” kicks in and the debt ceiling limit isn’t raised/eliminated.
In the meantime, most serious students of value/fundamental investing like to focus on long term trends. The long term trend for gold has been 12 years in a row of gains. And we all know the fundamentals become stronger by the day to support several more years of gains.