I do agree the price of gold will go down and is not a safe bet, if the assumptions of the article are true:
- it will go down because it went up for 11 years
- there will be deflation
- the US economy will recover
Hmmm, my money says with Helicopter Ben and Krazy Klugman will not allow deflation. And US recovery... hmmmm, maybe, but only a phoney magical, printed multi $trillion dollar one.
I love the gold bears. They base their opinion on future events that have like less than 1% of happening.
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- risk off....gold up
risk off....gold up, page-73
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