Gold Will Crash As Soon As the Economy Stabilizes. But the Government Hasn't Done Anything to Stabilize the Economy ... And So The Economy Won't Recover - And Gold Will Rise - For Years → Washingtons Blog
Gold Will Crash As Soon As the Economy Stabilizes. But the Government Hasn't Done Anything to Stabilize the Economy ... And So The Economy Won't Recover - And Gold Will Rise - For Years - Washingtons Blog

Thursday, August 18, 2011

Gold Will Crash As Soon As the Economy Stabilizes. But the Government Hasn't Done Anything to Stabilize the Economy ... And So The Economy Won't Recover - And Gold Will Rise - For Years


While I've written complicated 10-factor essays on why gold prices will rise (like this and this), my basic argument for gold is very simple.

People buy gold during periods of volatility, uncertainty, distrust of government and risk aversion. See this, this, this and this.

The governments of the world have done nothing to fix our fundamental economic problems, and so the economy won't stabilizes for many years. See this and this.

Therefore - while there will be corrections (some dramatic) along the way - gold will be in a continuing bull market for years to come.

No comments:

Post a Comment

→ Thank you for contributing to the conversation by commenting. We try to read all of the comments (but don't always have the time).

→ If you write a long comment, please use paragraph breaks. Otherwise, no one will read it. Many people still won't read it, so shorter is usually better (but it's your choice).

→ The following types of comments will be deleted if we happen to see them:

-- Comments that criticize any class of people as a whole, especially when based on an attribute they don't have control over

-- Comments that explicitly call for violence

→ Because we do not read all of the comments, I am not responsible for any unlawful or distasteful comments.