Gold Is Vulnerable

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It seems to me ongoing government and central bank “stimulus” is hampering the ability of the economy to generate real growth. This may be the catalyst for a long period of “low inflation” and rising unemployment while, at the same time, the stock market works higher and higher as it becomes increasingly detached from the real economy to a degree we have not witnessed before … thus perpetuating an economic environment already taking hold in America. One characterized by those with access to capital who are quite happy and those without who are growing increasingly unhappy.

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avatarJack Crooks - Black Swan Currency Currents posted Monday, February 11th, 2013.

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