time to take the cudgel to gold, page-20

Been in and out of gold at the most (in)opportune of times in past few days. I feel the true value of gold will not be realised until inflation is unleashed on the global economies.

At the moment, with the economy on drips and people losing jobs, folks are struggling with decreases in nominal income, forget real income. When nominal incomes rise and real incomes fall is when gold will take a rocket to the moon.