To add to the author's thesis: The Fed wants, needs and is working very hard to increase inflation. The stock market: every ma and pa and about to retire boomer needs higher equity prices. It is inflation that will do just that. The Fed have been successful so far. Deflation and high unemployment = 1970's era stagflation. This is what the Fed wants to avoid at all costs. This paints a positive scenario for precious metals. I feel that the author calls it correctly.
The Rise of the Silver Surfer [View article]