Precious metals will initially drop with deflationary fears - then when Fed.gov really goes insane with debt, and the Federal Reserve begins monetization, PMs will fly with inflation.
My take as well. Go back in time to 1975 and suggets to someone that gold will be $2,000 an ounce and silver would be $25. They would think you were nuts. but here we are.
I thought it was nuts to pay $8,000 for a brand new Buick in 1980.