http://www.zerohedge.com/article/ma...inflation-will-drive-gold-unthinkable-heights Max Keiser calling for $500/oz silver, when Hyper-inflation hits forget about $500 how about $1 billion /oz!?
The more financial products is not a strong point. Stocks, bonds, cash, property, commodities and PMs have all been around since 1920 and they would be the major ones. All the "new" financial products today are just variations or ways off investing in the above asset classes. We are a long way off a bubble bust, but that doesn't mean we won't have a correction.
The value of Gold assets do show market participation. The reason because Gold sector only valued at less than 1% is because no body is buying. That is how stock market work, a penny stock could go blue chip quickly if enough buying interest come in and bid up the price higher and higher. The fact that Gold sector is valued at less than 1% compare to other sectors shows there aren't enough buying interest in gold related assets. Take a listen to Eric King and Bill Haynes interview in KWN. They talk about in what phase gold is in, in the first 10 minutes of the interview. http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/1/1_KWN_Weekly_Metals_Wrap.html
You know when you have definitely missed the peak of Phase 3 - when you are watching reruns of "Bullion, Bullion, Bullion" on Austar and Foxtel.
Hyperinflation actually seems unlikely to me. Big inflation, yes, debt deflation yes, hyperinflation (complete loss of faith in currency) probably not. As for Max Keiser: can you say hysterical?
