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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: bart13 who wrote (91297)2/5/2008 5:19:25 PM
From: Keith Feral  Read Replies (1) of 110194
 
Bart, I wouldn't have to keep posting about the obvious reversal in gold prices if people like yourself didn't keep responding. LOL! I have no love or respect for gold. If we head into a recession, people are going to dump all their hard assets to pay for the lower value of the financial assets and real estate. Just because it looks safe over the past 20 years of inflation doesn't mean it will be safe in the next year of deflation.

Anyways, I like these kinds of debates since I learn something from the exchanges. I'll take a look at John Williams "fine work" to see what he has to say.
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