I don't predict any doom or gloom. What is doom about equity markets perhaps correcting or interest rates perhaps rising? These are the norm or should be. Its you who keep suggesting its doom & gloom. It all depends how you are positioned. It could be the best thing going. But stick to the herd, safety in numbers etc. Well until the numbers get too big as they have IMO.
Yep agree the growth is all in developing nations, as I suggested if you bother to actually read my post before going off in bizarre tangents. My point is the countries that are growing, are the same countries buying gold, well in the main anyway & in particular China, soon to be the biggest economy globally.
Is the Euro overvalued? I'm not so sure. Europe hasn't had the monetary expansion the US has & even their new QE will only be 200Bln, a pittance compared to what the Fed did.
