Folks & you too Brewer:
http://www.safehaven.com/article-4898.htm
This guy is a bit kinky, but I like his numbers and charts.
You guys may not understand what a conservative money-play gold is. Some keep squawking about how it has reached its peak and can only go down. Gold peaked near $650-$850 during the last inflationary times of the late seventies-early eighties. Actual CPI inflation since that time has doubled. For gold to just reach its old high would require $1300-$1700 AU. Hummm! I think we're in a commodities bull run right now too, just like the last inflationary period. I haven't fully invested in it, the commodities bull run, because I think a recession is in the near future :
. If it happens, the gov't will pump like there's no tomorrow. Business and buying may slow down, but when gold gets wind of more pumping and loose money, look out. To the moon, Alice. It is, pure and simple, a play against the dollar and, to a lesser extent, a play against all the other craziness now occuring in the world.
Of course, if you think things are just normal and everything going on in the world is just peachie-keeno,especially regarding financial events, then I wish you luck, especially if you think the gov't is going to stop printing money and reform itself soon.
Silver is doing especially well
. But that's so volatile I wouldn't recommend it to anyone. I'm waiting for another dip to reload trading shares.
--Greg, the fellow who just hates any part of a fat bell curve.