Rudd is probably the worst PM in Aust history
and yes I have warning folk about Aust gold equities, GFC2 , European Sov risk, Japan and deflation for how long?
The problem with the gold is going to a zillion which make instant millionaires for gold spec miner shareholders that its extremely unlikely in massive risk environment that folks will hold their gold specs through the hell of another meltdown
hyperinfation is just about impossible from here on in, all governments are talking austerity (otherwise they lose their credit rating)
this is like a slow train wreck for gold equity holders no returns , sideways sideways sideways then gurgle someone, something like Greece or one of the other PIGS pulls the plug and there goes you baby
Golds going to 700 the hyperinflation , money printing scenario is rubbish, Dow to gold ratio is the only way to value it, its a wealth preservation strategy not a winning lottery ticket
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