Not a matter of disagreeing. A matter of putting up something besides opinion.When have we had an inflationary environment similar to the 1970s since then? I think we have not. So how did gold do in the 1970s? I suspect relatively well. And the inflation is going to be much, much worse IMO. It is a no brainer that gold is going higher. If you disagree we will just have to agree to disagree and I'll remember this thread and come back and point out to you how wrong you were.
What did gold do since 2009 when everyone (including me) was saying exactly this same thing? The correlation isn't perhaps as strong as you suspect and neither is the certainty of the inflation you're expecting. You're only hearing about it out if proportion now because conservatives just decided to be concerned about deficits and inflation again at the end of January after a 4 year hiatus when they ignored it for some strange reason.When have we had an inflationary environment similar to the 1970s since then? I think we have not. So how did gold do in the 1970s? I suspect relatively well. And the inflation is going to be much, much worse IMO. It is a no brainer that gold is going higher. If you disagree we will just have to agree to disagree and I'll remember this thread and come back and point out to you how wrong you were.
Because no one wants it. You can't force your views on the market and expect to make money. All of the metals are dead money right now. Why doesn't really matter and is only ever known after the fact.
