The slight dip in gold and silver and stocks this last week is only due to one fact; the meeting of the G20 and the US desire to make their currency and President appear strong especially on the day he delivers keynote speeches.
The economy has not nearly been saved as G20 leaders would have us believe. In fact it is barely surviving despite huge stimulous already injected.
Ambrose Evans-Pritchard has written in The Telegraph about a coming deflation spiral next year and the massive re-flation required to avert it. At this pace he predicts we are definately headed towards a depression style slump and the only way out will be to monetize.
