yeah the more i discuss the more bullish on gold i'm getting but because IT IS NOT JUST A USD STORY!!
that said i think you will still see domestic deflation of sorts in goods while gold could still fly in the face of it since other countries are following the US lead on the rate cutting front, as we fall into a global recession
down the road aussie, NZ, china etc will stop raising rates (aussie raised again the other day) and eventually start lowering
who knows maybe the rate cuts will rite the global ship and everything will be fine and dandy and credit print mania resumes and keeps us afloat a while longer
that said i think you will still see domestic deflation of sorts in goods while gold could still fly in the face of it since other countries are following the US lead on the rate cutting front, as we fall into a global recession
down the road aussie, NZ, china etc will stop raising rates (aussie raised again the other day) and eventually start lowering
who knows maybe the rate cuts will rite the global ship and everything will be fine and dandy and credit print mania resumes and keeps us afloat a while longer