The reason why gold will only head down in the future is that we are entering a Japan like Deflation cycle in the USA. Money printing without puting it into circulation by the banks is just words. Banks are not lending. Investors sitting on cash. Baby boomers downsizing. This is decreasing the amount of money in circulation and thus forcing the economy to deleverage. Gold should fall like a rock soon, as will silver and oil. Inflation is impossible!
Gold Prices: What Happened to the Rise? http://t.co/CCYcJpxL
The reason why gold will only head down in the future is that we are entering a Japan like Deflation cycle in the USA. Money printing without puting it into circulation by the banks is just words. Banks are not lending. Investors sitting on cash. Baby boomers downsizing. This is decreasing the amount of money in circulation and thus forcing the economy to deleverage. Gold should fall like a rock soon, as will silver and oil. Inflation is impossible!