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Meant to get back to you on this earlier, but us old guys . . .
I concur with much of his reasoning and conclusing. The exception is his prediction on gold. I disagree. I've felt all along we'd be stagnate for years and 2013 seems like a solid bet. So long as the Fed keeps the punch bowl filled, the stock market will do well, but it's like blowing air into a tire with leaks - enough air constantly and you'll keep it inflated but as soon as the air stops flowing - flat.
I still see gold over 2000 by the end of the year and silver over 50.
Comments
Meant to get back to you on this earlier, but us old guys . . .
I concur with much of his reasoning and conclusing. The exception is his prediction on gold. I disagree. I've felt all along we'd be stagnate for years and 2013 seems like a solid bet. So long as the Fed keeps the punch bowl filled, the stock market will do well, but it's like blowing air into a tire with leaks - enough air constantly and you'll keep it inflated but as soon as the air stops flowing - flat.
I still see gold over 2000 by the end of the year and silver over 50.
Couple of articles.
Aden Sisters
http://www.kitco.com/ind/aden/aden.html
Turk on the Swiss Bank
http://www.kitco.com/ind/Turk/turk_sep192011.html
Frank Holmes
http://www.kitco.com/ind/holmes/holmes.html
peace,
rono