You were right on about the deflation!!
It is like we can watch, in our minds eye, the house of cards falling. There could also be huge political problems e.g., well everyone, now that I think of it-lol.
Japan really reeling, Russia, Pakistan, Germany, ireland, Iceland, Briton, China----everyone. And states and municipalities.
Gold took a big jump today and could be breaking out, but I do not know why yet, Gaza, Pakistan/India?
I think your third outcome i.e. gold down at first and then rising might be the road for gold.
Merry Christmas. |