While I enjoy your gold commentaries as interesting (and gutsy on SA) alternative views, I submit with due respect that if you call on gold's demise for long enough, you will eventually be right...
good read, but i disagree that the dollar is strong. maybe the 'last to die' relative to the rest of the world, but with our debt-base, it's certainly not healthy in any frame-of-reference.
your comments about schiff, roubini, setzer, etc. indicate a naive assumption that their predictive time-frames mirror yours. they may not know exactly when, but they've all nailed this one to the 't', with facts and causal substance beyond 2-4 years back. my trend analysis of their results keeps me vested in their 'graphs', over any of the recent dips in the gold 'graphs' of these last few months.
lastly, like anything of value, fluctuation will continue to occur with gold, and it will, by force of world-banks, IMFs, and play-makers at large, be beaten from its 'natural value', and it will return thus, as it it always has. i think it will be sooner rather than later, and when considering a place for my money, gold is hardly the 'dangerous' repository.
Gold: The Only Remaining Bubble? [View article]
cheers,
--ikk
The Coming Dollar Deflation [View article]
your comments about schiff, roubini, setzer, etc. indicate a naive assumption that their predictive time-frames mirror yours. they may not know exactly when, but they've all nailed this one to the 't', with facts and causal substance beyond 2-4 years back. my trend analysis of their results keeps me vested in their 'graphs', over any of the recent dips in the gold 'graphs' of these last few months.
lastly, like anything of value, fluctuation will continue to occur with gold, and it will, by force of world-banks, IMFs, and play-makers at large, be beaten from its 'natural value', and it will return thus, as it it always has. i think it will be sooner rather than later, and when considering a place for my money, gold is hardly the 'dangerous' repository.
be well,
--ikk