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Is Gold Bubble Popping?

The gold bubble price of $2300 ala 1980 in today's dollars will be a new floor in Gold when it is hit. We now have 25% more people on the planet, Central Banks are now buying, we have printing presses running all around the world cranking out phony fiat currency that is depreciating as fast as they come off the press, gold production has been in a steady decline for about ten years straight, banks and ATM's around the world are now selling gold to consumers(not USA). Look for Physical Gold to be $2300 before the end of 2012, and Gold to be at least $6,000 by 2020. Gold and possible silver are the only real Buy and Hold assets on the planet for at least the next ten years. Meanwhile the dollar will go down to 10-15% as will most other currencies by 2020. Buyer beware, as this time, you now know where you need to put your paper fiat currency for real wealth growth and preservation.

G20 and IMF Gold: A Late April Fools'

I agree with Nova above and China and have personally gone to 40% gold. Still trying to figure out what to do with the rest of this silly monopoly fiat money. The S&P 500 will tank this quarter on very high PE ratios. That is unless the GOV allows new accounting to artificially fake out the market as to the true PE ratio's. Price Inflation due to trillions of $, #'s, etc,being printed as we write, will make fiat currencies take a DIVE in real value. When the mucic stops, who is going to be left holding worthless fiat currencies or worthless S&P stocks that have a PE of 80.