Is This the Best Gold Buying Opportunity of a Lifetime?

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I think gold is cheap here. I think the politicians are going to inflate the economy to get out from under this mess. I think inflation is going to ramp up from here and gold is going to be the next bubble.

...All those predictions of massive inflation and that gold was the only safe place to hide. What happened you might ask? Why is it not working? Well, here is one answer and should it be right, this is the last best chance to catch the gold bus!

I am one of those that bet on gold and gold miners. How is it working out so far? Well, not so well. What am I doing? Buying more and this is why...

That huge bailout bill money has not been pumped into the economy yet. From what I hear this will start happening this week. You getting wise yet? All that paper money the United States Government has been printing will start hitting the mainstream this week. The whole $700 billion won't be spent on Tuesday or Wednesday but it is starting. A huge amount of the credit default swaps on Lehman Brothers came due yesterday. Events like these, a lot of times, mark reversals in various markets. I believe this to be the beginning of the bottoming process in gold.

...So what we are looking for is when will all this deleveraging end. First of all, the government pumping those $700 billions in is a good start. The Lehman settlement event will also give the market a better grip on the size of that calamity and that means less uncertainity and the market hates uncertainity. Will this be enough to slow or stop the deleveraging? Also, if the stock markets start to look better around the world, the money that ran to the safety of Treasuries will reverse flow and start back into equities. If this selling of Treasuries also causes foreign investors to decrease their exposure to the dollar that means selling in the dollar and the dollar goes down and gold goes up.

What makes me right or wrong in this matter is whether or not the world experiences deflation or inflation now. I pick inflation...

I think gold is cheap here. I think the politicians are going to inflate the economy to get out from under this mess. I think inflation is going to ramp up from here and gold is going to be the next bubble.

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