Again, why didn't Harry Browne or Craig Rowland mention all these explanations?
Is gold now supposed to be a hedge against falling real interest rates?

Again - market predictions are a total waste of time no matter how many words describe the effort.

Actually I think gold responds to negative real interest rates, which we have had since 2000 or so. That, and serious inflation. Gold seems to be lackluster when inflation is positive, but fairly low like we've been seeing for the last couple of years. However, should we be getting yearly price inc...

John is a very smart individual, no question about it.  That said, he's been wrong for so long now, that his only recourse is to continue making the same prediction until it actually turns out to be right. “A great deal of intelligence can be invested in ignorance when the need for illusion is deep...

I have a question for you Permanent Portfolio experts out there. First, let me say that I agree wholeheartedly with the basic concepts of the PP. My broad asset allocation is 1/3 Equities, 1/3 Fixed Income and 1/3 Hard assets (raw timber land, commercial real estate, and gold). The gold represents a...