The only thing that will gold gold again is if interest rates in the USA which at .25% go up to about 3% at least.
This will never happen as the uS is $14.5Trillion in debt, if bernanke raises rates even .25% that will increase the Debt burden on the US govt even more, so the debt will continue to grow and grow, it CANT grow forever, eventually the whole system will collapse.
It's called deflation, and I don't see how gold can go up if we enter a deflationary spiral. If you say inflation propels gold up, then deflation will bring it down, you can't have it both ways. Are you saying deflation is an absolute impossibility?
