There's a lot of sense crammed into your concise post, Netraam. I think your 40% initial decline is in the ball-park, though I'd guessed 30-35%. And yes, the recovery would be dynamic. And if/when there's a crash, buy the experts (Buffett et al) who plot for these events, and can respond the fastest.
The other thing to consider is that if gold provides a portion of the confidence that is required to support a form of new world hybrid currency, then I suspect we will rise more dramatically than that of which our most bullish posters are dreaming.
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