- the end of gold - , page-2

I think you need to define the time frame you want to be correct over. Going long gold because you think the govt will have to inflate to fight deflation meens you could get hit with deflation forces first. So margined futures could get suddenly smashed but your gold coins will still benefit.

Then there is the possibility of Obama doing a Roosevelt style intervention to devalue the dollar in one decisive occasion. Again your gold coins will survive. This guys problem is the more right he is the more wrong he will be.