David Rosenberg in his daily briefing to investors yesterday said this: We may well be reliving history here. Here is the article: Economy Caught in Depression, Not Recession: Rosenberg
Speaking of history, a little reminder of physical gold. It was one of the only asset classes that WENT UP in value during the The Great Depression. More history. On June 1st, Rosenberg (who closely watches gold supply and demand along with other data) said that physical gold can easily double from here. Gold demand - demand gold! Get yours today at Lear Capital !