Chubbs

Is It Time to Buy Gold?

This is more or less a p.s. If gold does not go up then all the activity of the Fed and the Treasury since September will have failed and deflation will be the victor. Inflate or die, thats the bottom line.
Don't forget, no culture, civilization, or society has ever lasted more than a few hundred years without cataclysmic change. So cheer-up and realize everything is impermanent and nothing remains for long. Except gold.

We are still in the process of unwinding all the excessive debt and leverage. Hurts like hell.