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Rubicon Minerals Corporation Message Board

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  • qiaorusi qiaorusi Apr 29, 2011 11:00 PM Flag

    Gold up $13 to $1550: RBY yawns

    "And that is the very time precious metals will pull another 1980 and leave all investors in the metals high and dry for another 30 years."

    That assumes it will be possible for the FED to jack up interest rates like they did under Volcker. I'm thinking that might be impossible, now. IMO, it would only be possible after some really serious price inflation like in the 70s, which we haven't had yet. Therefore, I think the time when pms will peak and go into another multi decade bear market is probably still several years off.

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