Gold is going higher.
Submitted by Tyler Durden on 04/06/2012 - 12:31 BLS Bureau of Labor Statistics Central Banks Demographics Great Depression Mean Reversion Obama Administration Recession recovery
Recovery? What Recovery? Over 4 years after central banks have progressively injected over $7 trillion in liquidity into the global markets (and thus, by Fed logic, the economy), and who knows how many trillion in fiscal aid has been misallocated, to halt the Second Great Depression which officially started in December 2007, the US "recovery" is the weakest in modern US history! How many more trillions will have to be printed (and monetized) before the central planners realize that fighting mean reversion by using debt to defeat recore debt, just doesnt't work? Our guess - lots.