GOLD 0.51% $1,391.7 gold futures

is this time to short gold?, page-52

  1. 3,382 Posts.
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    SimJoJim, I see it similarly to you. Bernanke has come out and said so in his latest statement... gold will keep rising to at least mid 2013 as real interest rates will remain negative and the economy is stuffed. Gold loves both. By stealth this inflation will erode the debt burden and due to the weak economy gold will continue to outperform energy/commodities so profitability of gold stocks will continue to improve. But there will be all the other nasties to consider with gold being the main game in town... increased taxation by insolvent governments, nationalisation etc. If I had to guess, I reckon the bull market will end in the second half of this decade.
 
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