The rest of the world's economy must really be in the sewer. How else can you explain 24hr a day, 7 days a week printing of the US dollar and “NO” repercussions of inflation. If anything its deflation......right?
I just think these things take a lot longer to unfold than most traders want to wait. Gold is in an all time mego trend of 12 years and no sign of a bubble yet-- the correction it's in right now may take a year longer but you can be sure gold will slice through 2000 at some point... You cannot time these thing, but I believe your thesis is right on. g