Allen Fuller

Roger Wiegand: 'Severe Bull Market' Ahead for Gold

I agree with Toeser. No one knows, and no one can convince me 100%, that we will have either deflation or inflation. I read a VERY interesting website called generationaldynamics.c... which has been extremely prescient with this whole credit crunch. They are predicting severe deflation and a second Great Depression. But I'm not 100% convinced. Other websites and analysts I highly respect are predicting hyperinflation, because that is the only lever left to the government. I'm not 100% convinced by their arguments either; it may be out of the government's hand. Right now I'm leaning 60% toward the deflationary position. I hold about 1/2 of my IRA in cash, with about 1/4 of it in precious metals and 1/4 in a handful of stocks I think are very speculative but have a huge upside potential if they succeed (that's my "playing around" money). Whatever happens now, it seems I'm destined to lose some money, but this way at least it shouldn't be all of it.