| Longer term it is going to be a disaster for all of us, the whole world, especially for Europe, because this is not solving the problem. A year from now there is going to be more debt in Greece and in Europe. Two years from now, there is going to be more and more debt. Debt just keeps going up and nobody addresses the real fundamental problem.
Gold would certainly go to 2000. I do not know when it is going to go to 2000, but I know it certainly would during this decade. Whether it's an asset class or a safe haven is irrelevant, the fact that I own it is because I want it. The price would go higher...............................................Full Article: Source |