GOLDBUGS AMEX Goldbugs Index (GOLD)

[SilverSurfer]

L-v, yes it is "different this time" and the wild card is QE - Quantitative Easing or printing money out of the blue. The current administration is determined to reflate, and spend enormous amounts of fiat to plug the 40 Trillion Dollar hole knocked in the debt/spend economy. So, the charts will not be exactly relevent because of the scew of inflation. I still think this downturn is generational and the positive factors you point out will be overwhelmed by the exit of Baby Boomers from Markets, Housing and even shopping along with the loss of a taste for risk. It will be 10 or more years of stagflation with fits and starts in the markets, great for traders, but going net nowhere for buy and holders... jmho, hge