ErOck,
Those are interesting remarks, ErOck, and I think you are right. In the longer run. the effects of seeing a continuing loss of credibility in the US dollar and in the EURO are that they will compel people to see gold, silver and platinum as being much more solid than mere fiat currencies.
The Martin Weiss group and its Foundation on Cycles see the bottom as coming due only in Q4 of 2013 – the earliest moment for the cycle bottom being Q4 2012.
The discussion can be traced and recovered here:
weiss.streamlogics.com/shockingpredictions/
The new claim refers to a 500-year cycle, which is due to reach an absolute low in 2013
All in all, the most likely scenario is for most markets to be extremely weak for three more years, with the precious metals playing the role of the only real default position as a safe haven and a store of value.
alj
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