This is my long running prediction on HC for those who dont know me
Hold physical gold and cash
Gold is a hedge against an AUD crash.
Wait to buy gold stocks until after the general market collapse
expect big falls in ASX gold stock
QE3 or maybe QE4 will fail. its my view from all the meonetary theory I have read is that at some point Bernanke will pull a QE and the market will just laugh at him
If its not this time its almost certainly QE4 my hunch though is that the Fed is struggling to stop the dam breaking. We may see them let it break at a time that it suits them and their friends rather than randomly where they cant control events
A controlled implosion if you will.
I think the ECB is the weakest link at the moment
Lets see what happens
but jeeze holding Gold miners today ??? Brave or dumb?
