All the signs point to a major deflationary bust coming. Europe is a disaster heading for a long term depression, USA is a welfare state that will have at best 1.5% long term growth rate, China is building cities that are unoccupied and has a huge credit bubble ready to bust, and emerging markets are submerging! Lower copper prices, lower gold prices, lower steel prices, and no money down car loans. Student loan debt is over 1 TRILLION DOLLARS and rising! Healthcare inflation is sure to accelerate big time and crowd out investment and drag down corporate profit margins. This whole stock market rally is built on a huge mountain of debt. It is simply unsustainable. There is so much froth in the stock market today. We have been gifted the best short selling opportunity since 1999/2000. We have more asset bubble than ever before! David Stockman is right cash is king.
I agree and republican talk radio are promoting gold(hypocrit's). I am for so called Obamacare. It would be better than the average Joe, is only one medical emergency from bankruptcy, if they cannot afford health insurance(me).