Economists say gold will do well

I see a double dip recession. FED is trying to say everything is fine, but the numbers are telling a different story to me. Basically, that we cannot continue to print little green pieces of paper. Gold is real money. Economists say the dollar will fall and inflation will increase.

Economy in trouble

And the band plays on. it does seem like old times again, maybe the 1930's?

The sad 3rd quarter GDP numbers add to a month of terrible financial news and yet stock pickers still chime about a minimal recession in 2008. I predict that our bad situation will become even more chaotic in the days to come.

Already were are seeing gasoline rise above that dreaded three dollars per gallon. I predict that soon we will see $4/gal gas. This will cause inflation as well as damage the already fragile economy.

I see a sustained monetary liquidity contraction - in other words, no money, as consumers are forced to pay top dollar for food and fuel. Gold will shoot up in price. A safe haven, it shall become for those worried about inflation and return on investment. I predict future price gold in 2009 at $2000/oz.