http://www.321gold.com/editorials/sa...

"I think it is only a matter of time before gold and silver power ahead. Precious metals were hit hard by global deleveraging and they should shine again; thanks to the money-printing abilities of the establishment. These ridiculous government bail-outs are hugely inflationary and will further erode the purchasing power of paper currencies. I urge you not to be fooled by the recent strength in the US Dollar. This is nothing more than a short-covering rally and the American currency is likely to witness an epic crash in the future. There is no way you can have a strong currency when you are the greatest debtor nation in the world (debt of US$54 trillion). Furthermore, the Fed has recently expanded its balance sheet by US$1 trillion and in my view, the US has now embarked on a hyper-inflationary road to nowhere. As the jokers in Washington continue to 'save' the US economy (i.e. bail-out their rich friends on Wall Street), the US Dollar will eventually become worthless or it may be replaced by another currency. So, I would suggest that you take advantage of the recent rout in the markets by converting more of your cash to hard assets. If you are fully invested, please do not buy into the deflation hoax and simply ride out this weakness which should prove to be temporary."