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Fangster

12/14/11 10:44 AM

#50762 RE: Jim46 #50758

100% correct... no correlation of gold to stock prices..
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scubastevemd

12/14/11 10:48 AM

#50765 RE: Jim46 #50758

Jim in a Depression you cannot eat gold. Now I agree if they decide to go back on the gold standard that will change things but I doubt that happens. If countries need dollars they will cash out their gold. Gold needs inflation. Deflation is not its friend and that IMHO is what we have. As boomers retire they are not buying those vacation home anymore with the RE market in the crapper and they have all the material needs already and can make things last a bit longer before replacing it. No this cycle is a long way from over and fixing it will be painful, but not will bedevasting. These are the times when the likes of Hitler's and Stalin's are born so be careful folks.