It's a bit like a game of safe haven musical chairs. Today the Swiss haven has been taken away and it's only a matter of time until the penny drops on US bonds. That's when $3500 gold becomes possible, IMO.
But I don't think gold is the only play on this trend. All commodities should benefit, IMO. I like how Jim Rodgers puts it, "anything that hurts if it drops on your foot" should appreciate in monetary terms. He likes gold, silver and agricultural products.
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