woteva,
You and the goldbugs can wax lyrical about all the world's problems, debt, social security, Europe ad infinitum, but if punters decide all at once to unload, then your arguments are fallacious, it'll be all over.
I work in a business where it's mostly discretionary spending, and this business has been booming worldwide for 18 months and no end in sight.I've been in it since 1969 and never seen anything like it.
Globally this business generates hundreds of billions.
The world is ending? Tell that to our customers.
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