otbricki

Gold 1, Oil Analysts 0

Gold has nowhere to go but down from here. We are in a deflationary spiral for the next year because of massive deleveraging destroying money faster than the Fed can force-feed it into the economy.

Longer term though the pendulum will swing the other way and gold become a good investment as oil skyrockets and the dollar tanks.

It's Hard to Be a Bear: Resist the Urge to Buy These Scarred Stocks

I think the time to start accumulating is now. It is very hard to accurately call a bottom; and very easy to miss the runup after. The cost of being a bit early is lower than being late.