Did you miss the conditional? I wrote “IF” we do a Greenspan-Reagan maneuver. We’re continuing to print money to cover our expenses, and we’re continuing to economically crater. That means my advice, as cited by you, means to stay in gold.
But just watch out: when you see Washington successfully reverse quantitative easing, instead of inventing new ways of perpetuating it, then you’ll have your signal to sell your gold and switch to stocks.
I’m thinking it’s probably pretty safe to stay in gold until after the 2012 elections.