"You must keep in mind that if you had invested in the DOW 2 years ago you would be far better off today. The DOW is rising on the back of the US debt bubble due to QE infinity and on top of that the US economy does seem to be in recovery?"
No where else for the printed cash to go except pump up the market bubble.
Much depends on whether they finally see sense and have a gastro band applied to the US economy which is what the fiscal cliff would partially achieve,or continue blithely along printing the cash and hoping they can monetize themselves out of trouble.
At some stage you have to pay for the end game.Helicopter Ben and his mates dont seem to think so.
Cant see gold falling in the foreseeable future if they dont cut spending big time and theres absolutely no indication this is going to happen anytime soon.
In fact most indications are that countries and their feds are buying up gold,hence the price support.
