RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Teranga in GDX soon??I personally really like alternative, POV. It brings a balanced approach to investing.
I have heard a few smart investors suggest step one is deflation and then when the printing gets going we will see inflation. So far not sure I have seen much evident of deflation.
The 2007-10 AU price chart is interesting, it does seem to show a period of around 6 months where the AU price climbs, then it seems to drop around 25-30% over a 9 month period before it dramatically rises. Everything seems to be happening so fast but I do think it's reasonable we could see a 20% decline in the coming months before inflation sets in and AU prices really start to rise.
It's hard to know one way or the other. So personally, long term I see dramatic rises in AU prices but I think it's possible we will see a 10-20% decline in the next 2-4 months.