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Randgold Resources: In Gold We Trust

This reads a lot more like an advertisement than an article.

Don't Miss the Coming Gold Bull

Monetary supply has been pumped up by the Fed however that is being countered by massive deleveraging and deflation. Banks are just taking the money and using it to build reserves. The velocity of what the Fed is printing is zero or so close to it that is irrelevant. Not to mention that a lot of it is purchase of undervalued assets that is not inflationary. Socialist as all hell, but not inflationary.

With continued foreclosures, defaults, unemployment and whatnot in the works for the next year at least don't count on banks doing anything but sucking up the output of the printing presses for a good while.

Obama can spend a trillion on stimulus and it won't matter. Another trillion on the national debt won't change anything and won't lead to hyperinflation. The federal debt problem is a problem measured in the 10's of trillions.

Zero interest rates, quantitative easing and so on - we have seen it before in Japan. It led to a stagnant economy, but nothing like hyperinflation at all.

Yes you can invest in gold if you want, but don't count on big returns. Or even keeping up with inflation. Gold is pretty well priced compared with other hard assets right now. Buying now is not buying low.