I'm With Bloomberg on Gold

Choy Leng Yeong at Bloomberg pretty much sums up my personal position in this article. Look for the dollar to wane as the Fed struggles with a stagnating effect on the economy side and inflationary pressure that won't go away on the other. When in doubt, do nothing. That'll be their motto, I suspect.


"Struggle" [Thanks to neowin.net for the image.]

Remember my other motto: "You can take gold out of the standard, but you can't take the standard out of gold." I hope I get credit for that little ditty in the history books.