Interesting thread. I haven't seen a reply though that refutes the B/Wolf's view that if the US weakens then that will spread to Europe and commodity prices will fall.
Personally I have also become a little concerned at how the US economy seems to be weakening. I think it is weakening because it was pump primed with extended record low interest rates and massive tax cuts etc. There are some nasty inherent weakneses in the US which I anticipate will make gold go though the roof. But can resource prices remain strong if the US does weaken?
