Allah

What Is Going On With Gold?

If all the the gold in the world disappeared overnight there would be no adverse affect to anybody. It is just a psychological device as is any currency. To say it is undefeated over 5000 years is meaningless and inaccurate, It will always pop up in times of fear and then in times of normalcy take it's rightful place as a worthless but pretty adornment on females

What Is Going On With Gold?

OK the US fiat currency is backed by an injured economy. Gold on the other hand is backed by a bunch of paranoid crackpots. I might buy some if it looks like it's breaking out but there is no fundamental reason to own this essentially worthless commodity.

Peter Schiff: Outlook for the Gold Market

Sorry Pete, Let it go. Gold is done. You can take all the theories you want but psychology drives markets more than anything and you can't make the herd go where they don't want to no matter how good you think it is for them. Don't diminish you're great recent accomplishments by being such a rigid ideologue.

Coming Inflation To Boost Stocks, Gold

I agree with you on inflation being in force over the next few years and rising values for hard assets. However it will be difficult to predict specifically which assets will be in high demand and you really sacrifice your credibility when you make specific price predictions 3-4 years out.