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    • Fri Apr 4th 12:21 PM | Rating: 0 0
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      Gold Bubble May Be Coming to an End
      In the interests of full disclosure, I have 90% of my wealth in gold and silver. The big thing with any investment is when to get in and when to get out. I am totally out of real estate and stocks at the moment and my trigger for getting back into those areas, investment wise, will be when inflation is tamed (and no, not that bizarre ‘core’ inflation nonsense reading, nor the other totally bogus inflation figure from the BLS – they should just take the “L” out of their acronym altogether). Inflation will be tamed when the fed stops printing money and hence the dollar stops falling. I don’t see that happening soon. The dow and other indices are being totally manipulated right now and one of my savvy stock broker friends thinks a more realistic figure for the DOW is around 8000, maybe even lower. The bad news is that the higher the price of gold goes, it will indicate that the world is in progressively worse shape, so I kinda hope it peaks around $2000 rather than $5k.
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