re: Gold: It's basically f'd

quote:

---

as the dollar continues to devalue, gold and silver will go up in price...is there a ceiling? who knows, i think we are far from it...$1500 an ounce gold will seem like a bargain in the future, much like $50 an ounce silver will

---

I agree with this over the next 2-4 years.

quote:

---

the dollar will crash

---

I think it'll definetly go down...I don't think it will collapse.

In short, I believe we are in the midst of a commodity bull market. The bull market (or bubble) will eventually pop. Many of the people who are making a killing with physical gold/silver will make a fortune, and then lose it during said bubble.

quote:

---

as the dollar continues to devalue, gold and silver will go up in price

---

Thanks, I forgot all about remedial economics.

Would you like to point out the intricacies of the drivers of inflation?

Also, why is gold superior to TIPS?

Also, if you believe gold is going to be driven by inflation, why is it superior to just shorting the dollar in the futures market, or shorting interest rate futures?

Please, I beg you, enlighten me.