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Tuesday November 24, 2009 12:41 AM ET
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The Consensus on Gold Is No Consensus at All
If we see the inflation I'm predicting, gold could go as high as $2,000.
 
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Posted 5:24 AM EST April 04, 2009
Posted by: hbehler
Don, you rely on the consensus that the monster amounts of money pumped into the markets lead to inflation, but this money is not yet in use. And if you were right you have to argue that gold is a better hedge against inflation than other commodities or stocks. Sure gold will go higher the day trust will come back and inflation will come, but good stocks (or oil) will go even higher.
Posted 8:24 PM EST April 03, 2009
Posted by: amtsop
Don, you're starting to get things right. The deflationists/inflationists can argue all they want but gold in the future is going a lot higher. How do I know? You can tell by the charts. We may get a movement down to sidesways for awhile but the trend will remain up. I believe the movements of commodities may be predating inflation also.
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