"RE bears are taking on the single most powerful force on earth."
What you are implying is that the powers that be will write what ever monetary policy is necessary to keep the party going. Whether the policy even makes sense or not is another question. If that is the case, I say one thing.
BUY GOLD!
... oh my god, I hear them coming now. Better go hide or put on the flame retardant suit.
Yeah, I agree. Just don't try to convince others w/o donning the flameproof suit. Actually, I tend to slightly prefer silver. The best of both worlds may in fact be copper, which has outperformed both Au & Ag. (Tripled vs doubled since appx 2001) Look at the charts of PD and PCU. PCU also pays a screaming div but there is political risk. With copper, you are betting on a nice basket of possibilities: Further commodities run; increased China demand, continued housing boom, continued [alleged] strong economy etc;
Maybe the better staement