Yet They Will Win? (Cartel)
Milo3,
In my opinion, the Cartel will continue to win at will until some event, or events, drives investors to invest at high enough volume to force their hand.
The Fed isn't going to bother their constant shorting, and they have the shorting ability. They have shown it over and over and over and...well, you get the point.
I think the current financial picture of the world will likely drive more parties, including governments, to increase their physical holdings. Also, the first real acknowledgement of INFLATION should do what QE3 was supposed to do already.
Either way, I see holding some physical as a smart thing for the time being. Until a world standard currency system is put in place, and it will be, I think PMs seem one of the most logical places to hold and preserve funds.