Gold was $300 an ounce when I got super bullish on it back in the year 2002 or so. Gold made all the fundamental sense in the world back then at that price(big bet time!) and in that economic scene of "many more bubbles to come" by the bubble blower Maestro Soylent Greenspan.
Nowadays it's not such a clear call to be super bullish on Gold but I'm no bear on Gold by any means.
If the puppetmasters let the whole system collapse(??withdraw QE?) EVERYTHING may settle at cents on the dollar(?) in the collapsed fraudulent economy that gets more absurd by the day to continue as it is.
Will they do that??? Withdraw the QE fraud? Or continue to print?
It doesn't nullify at all. It just shows that Gold did not hold up well in an economy driven by expansionary money supply. It actually deflated during a time when other assets where booming. Hence it will face a meltdown once again just like any asset that becomes overpriced and shows herd behavior.
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