Ivana nice article, but for me, too typical. I challenge the so called analysts in their thoughts on priming the pump, and printing more of the fiat currencies.
I dont beleve it is "going things will happen" as most analysts predict. It is true, those running most of the financial systems, think rather similarly, as if they have learned from the same textbook. LOL... As if that wasnt so, then why are a lot of westernized countries experiencing the same seeming structural problems. High level of persistent un and under employment, economic contraction and government budgets that remain persistently bloated. Priniting excessive currency and keeping rates low have exacerbated the economic problems rather than bring some relief. The end result, if one can call it that wil be significant deflation and steep decline in government receipts (which government use to pay their bills and keep the merry go round running).
So analysts try this on... Excessive money printing and stagnant and declining economic performance, soon to be coupled with a long term peristent deflation. Tell us then, about the price of gold.. .My scenario long term, stable gold prices and a systematic longer term, deflationary environment... The price of gold might not skyrocket, but you sure will be able to buy a lot more goods with the ounces that you have.