Indexor

The Imminent Equity Implosion

Excellent article. Based simply on common sense and written in plain english. However, I am still not convinced gold/silver will reach the levels you mention. Even with the throng of current gold bugs espousing 1,200 gold (which would provide a solid 25% return from current levels) we don't appear able to get past the 1,000 resistence level. We had the same psychological mindset with the DJIA back in the 1970s and it took well over a decade to break through. I believe gold could be caught in the same trading range for a number of years, regardless of the level of damage the Obama administration inflicts on our economy, our psychology and our quality of life.