I am not a gold bug but the author is clearly under the influence of some illegal substance. The author has completely swallowed the biggest Wall Street scam of all time - deflation. In an economy with a fiat currency, deflation can NEVER be more than a short-term phenomena. Also the author is missing two of the biggest bubbles I have seen in my over 25 yrs in the business- the US Treasury market and the US dollar.
Calling It Quits on Gold, Platinum - It's Time to Go Financials! [View article]
This article is exactly what is wrong with US financials markets.It seems like 1 week is considered a long-term hold anymore.Your advice would absolutely bankrupt anyone is is investing for more than 60 days.No wonder people overseas are kicking the USA's butt.They think of investing for years,sometimes decades!Not for the next week or two!
Gold: The Only Remaining Bubble? [View article]
Calling It Quits on Gold, Platinum - It's Time to Go Financials! [View article]