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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 380.060.0%Nov 25 4:00 PM EST

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To: carranza2 who wrote (84545)12/14/2011 12:30:13 AM
From: Hawkmoon  Read Replies (1) of 218014
 
Carranza,

We're facing a balance sheet recession in both Europe, and eventually the US, similar to what Japan has faced for 15 years+.

zerohedge.com

These are not normal, and they consist of de-leveraging and reduced overall demand, none of which are inflationary events and can last for years.

Are you so sure that your "go for the gold" premise still stands under such conditions?

Now.. granted, if we do see the kind of massive stimulus that Koo advocates to foster demand, I do see the argument for gold. But right now I think we'll be lucky to hold our economic necks above water for the next few years.

Hawk
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