RE: RE: markets These are all tough calls as we have never been in this situation anytime in history...this is not 1929...
OK.. best foot forward ... the DOW and the PoG will get a lot closer. The DOW is crashing even if it stays the same due to Obamas $120 trillion in promises and liabilities ( they have no way to pay even 1/10 of this) . Gold is a preserver of wealth eg: in the 50's a 200 oz of gold would buy a good house, today 200 oz of gold will buy you a good house thus the $ has devalued ( or inflated ) by about 400% ( quick math ) but gold has stayed the same. Lately the $US has been declared worthless ( which it is ... if they sold the entire US of A they still could not pay what they owe ..they are broke..plus). Gold in relation to all currencies will increase quite remarkably from where it is today but 5 years from now 200 oz will still buy you a good house...might buy you 20 houses in the US tomorrow as it does today in Spain or Java but only 1/2 a house in China. Gold stocks / warrants are your best play for exponential increases at this time. Silver probably has the greater leverage than gold and it is more in demand with less supply.
Gold will increase relative to currencies, so will silver and platinum/palladium ... precious metals are real and hold real value.....mines will create additional wealth above PoG due to the increase in their own value plus the price of gold.
Gold in a nut shell by a non-gold bug...just the facts