by Dave Kranzler:
"... Per my thesis above, the Fiscal Cliff deal will now lead to a much higher Treasury debt limit ceiling - if not the complete elimination of it, which has been proposed by Obama - and a much higher level of QE. How do you invest knowing this ahead of time?
The answer is in gold. Gold has already given an 82% reward to those who started buying back in 2000. I don't think anyone's stock portfolio has appreciated 82% since 1/1/2000. Gold has at least another 82% reward ahead of it vs. the dollar. This chart shows just how bullish the set up is for gold to move a lot higher right now ..."