Gold will be king in the coming years. Inflation will drive it over $2,000 and ounce. Stocks will drop after interest rates and CD incomes go back to double digits, making them and the bond market the hot investments. (That is if you can figure out a way to sidestep the increased taxes.)
We’ve got deflation, not inflation. Gold is for suckers who don’t understand the Greater Fool theory.
Deflation means falling prices. Cheaper homes. Lower salaries. Falling stock prices.
People will soon be selling gold to obtain hard-to-get cash. And if you think that cash is easy to get...where are you getting it?!