The Future of Gold

[The Easter Bunny]

Aye Peter, we've met. But I've become reincarnated in the form of a rabbit. Agree with your take. $250 on the low side, unlimited upside. We went through a spell a few years ago when just about all the bad news imaginable got built into the pog. All cb's were imagined to be in the process of selling all their gold. But gold survived. Now it's the dollars' turn. How long can any economy prosper under a policy of an ever-increasing currency relative to the rest of the world? Simply unsustainable. With productivity numbers for the peak of the last bubble now revised downward from 3.4% to 2.6%, the New Economy miracle is cast in doubt, and the old laws of supply and demand are taking their rightful place again. It's not different this time. Next scene - "Greenspan in a Box".

The Easter Bunny