EU fiscal discipline treaty good for europe, gold.

Now when I say this is good for europe, I mean this in a mother beating her child for bad behavior sort of way.  Many of the nations involved in this treaty are going to have SIGNIFICANT difficulty limiting their national debt to 0.5% of GDP.  This will bring about depression-like environments in countries relying on their debt to preserve their prosperity.  If the treaty is stuck too, it solidifies default or depression in portugal, italy, spain, ireland, and greece... maybe even others.

Why this is in any way, shape or form good for gold:  Significant concessions have been made by debt ridden countries to conform to merkel and a a debt free future.  In return these countries are going to need a bigger bailout package to keep on this stringent track.  Like always, +bailout = +gold.  I expect some finance professional to come out with an article stating these points in a few hours when America wakes up.  I'll post the link when it happens.