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Doug Casey: What to Do in 'The Greater Depression'

Gold- gold price will go down to 500 -600. The theory is if something goes up in 90 degrees level up , it must correct to 20 degrees. See this on the graph.
Long term is up, but not in such speed and amount like Real Estate.
Remember my words, and look at real estate, oil prices, other commodity prices , stock prices

Doug Casey: What to Do in 'The Greater Depression'

A lot of contradicting statements and wrong.
Statement that "producing more than consuming more" will improve situation is wrong.
Also statements that consuming more than producing more is wrong too.

The best statement would be that production = equals consumtion. It menas balance.
The best is balace , supply = demand
Balance budget, balance trade and so on. Who is contradicting that?
Supplying more causes deflation - see prices of houses going down.
Consuming more is causing inflation as it was seen in Real Estate buble.
Note that in USA we produced more housing than we can consume as a result of increased demand where consumption is more than supply.
No other country in the world can produce so much at such speed and lowest possible cost due to technological advancement.
No country is able to compete with USA. We have capital and knowledge and freedom, technological advancement.
USA, we consume all word- this is imports, it means USA capital is allocated on the global scale and these countries are getting reacher at the cost of USA.
If USA capital will come back to USA, reduced imports, USA economy will bloom, I mean import must be equal = to exports . Balance trade again.
Other countries , mainly exporters have a lot too loose when they export less. We USA have the best position.

Banlance trade
balance budget
supply = demand.

All above are statement that should be but they are not and hard to accomplish.
But this is the fact and this free market is working this way to correct by itself - recession) and the help with government.
Why government help?
This is the question I am asking myself.
Because nobody is perfect and nothing is balanced I thing that someone has to watch and regulate how capital or taxes are allocated to the benefit of all people.
Government should be small and efficient and serve the people.
Now we are in ressesion again as a result of excessive production in real estate. Prices went down to the balance level. There is cost to it , people who made wrong decision are paying for this , people who are buying now , they will gain. , so losses = gain, and this is balance.
We are about to come back to balanced economy again. Recession is almost over.
USA- we are the power, we have resources, we the best, nobody will be ever able to compete with us , becuse it is not enough to have money for example from oil like Russia or OPEC country. They will always consume and fail because their system is not able to create and produce anything in such efficient way, excessive consumption always and inflation, lack of investments and production almost in all areas.
I am asking , is there any country in the world that produced so many houses at such low cost. Is there any country were you can buy a house at such low price?.
Answer - none of the above.