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To: ElkGroveDan

If Romney get the economy moving again, we will have some inflation because the money will start moving after coming off the sidelines. Interest rates will go up and so will gold and everything else. But if BO wins, we will continue to have lots of money printing which will result in currency devaluation and likely gold appreciation. However, if BO wins, the economic contraction in the private sector could counteract inflationary pressures and gold would be flat because of reduced demand from wealth destruction.
If Romney wins, I will probably shift into energy related interests. If Obama wins, I will still accumulate physical gold for the greater likelihood of total currency collapse. I also think that treasury shorts like VIPSX will be a good bet.


25 posted on 09/16/2012 6:34:09 PM PDT by grumpygresh (Democrats delenda est; zero sera dans l'enfer bientot)
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To: grumpygresh

Catching up on my Goldbug Pings...

Post #25 - How prescient!

I’m doing the exact same things, though adding more ammo to the stockpile and more canned goods. :)


35 posted on 01/15/2013 9:02:09 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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