All in good time grasshopper; the sheople including many'financial pros', just follow the herd.
Deflation is still possible if the politicos are allowed to stop all the money printing. Hard assests are still better than worthless paper.
The next run up in bullion will not mirror that of the late 70's, because, they have decimated the middle class. I personally think that within the next 10 yrs. gold could go to $10,000 an oz., but be careful what you wish for because, it would signal a world monetary system that has totally blow up!