I think you might be right.
1, The whole financial complex is calling for inflation, and the majority are usually wrong.
2.Bernanke has very little left in order to keep printing money so deflation doesn't take hold. He can only print so much without creating run away inflation.
3, The average public has the lowest spending power in years, and it will sooner or later create an over supply of goods. The law of supply and demand will bring prices sharply down.
DURING DEFLATION ONE SHOULD BE IN 100% CASH SO THEY CAN TAKE ADVANTAGE OF LOWER PRICES, AND THAT INCLUDES GOLD.