wait...what?
yes, the PTB will lose control of this situation
and that is when metals come into their own
that's one perspective. another is that this whole debt leveraging debacle since 1971 is a result of USD debasement with a consequent ramp in all asset classes. gold did not react to this globalized inflation until the year 2001 and depending on how you look at it is the last
asset class to react as the system has reached its bubble top in aggregate. don't forget it did nothing but go down btwn 1980 and 2001. the rest of the system seems to be breaking as the stock mkt has gone sideways since 2000, the housing mkt has dumped and is skating along the bottom. economies are going into the tank as we speak but the financialization continues.
IF the system breaks and the PTB can't control the slide, everything could crash including gold as the USD skyrockets from the debt liquidation. i do understand your point though that gold might do the opposite and soar. that's what makes it confusing. for the umpteenth time, i just don't think gold can serve its supposed function as a world reserve currency in today's day and age.
