With gold hitting new highs today were does everyone think things are headed? With the amount of libertarians/capitalist on these forums i'm sure that the sentiment is somewhat bearish. Who considers themselves "inflationists"? Who here follows the thoughts of people such as Mark Faber and Peter Schiff? Are we going to enter a long inflationary recession as the Austrians predict?
I really don't know were to put my money right now but I know that I do not want to be holding cash....
Mark Faber at a recent conference - http://www.youtube.com/watch?v=H0sS6a9RW2E