FinancialAdvisor's College Class (FACC)

[flota]

Of course everyone is buying Gold as that is the only bubble left along with Silver. Govt's are mostly clueless when it comes to trends. Please tell me FA what is the fundamental value of Gold in today's society when it is a form of a brick?

Gold will face the same faith as any other asset eventually when the party ends.

It's like gov't intervene in currency and most of them fail or they talk their currency up or down and that fails. They would do much better calling somebody like George Soros, the effects of appreciation or depreciation of currency in that case would be much more profound.

Bottom line if there is deflation looming Gold will get smacked like it did back in 2008 and there is still a chance of that in the cards as the general public has not recovered from the recession.