Yep, the slaughter is coming.
Another topic. I was watching a video that Mike Maloney has out where he's talking about a deflation coming before we see more printing and then big inflation/hyperinflation afterwards.
I believe Maloney is in agreement with Harry Dent about this deflation outcome and I know Dent has predicted that we'll see $750 gold in this next deflationary drop. I'm not sure how he comes up with his numbers, but that seems too excessive a drop to me.
I'm of the opinion that gold might hold up pretty well even when the deflation comes because of investor fears and a flight to safety when the event happens. What's your take on it?
P.S.: I'm not a Harry Dent believer. I like Maloney much more, but like I said Maloney seems to be in agreement with Dent. I don't know if Maloney agrees with his deflationary gold price target.