- We are following Japan (deflation) worldwide
- Not much more the Fed can do
- Gold is risky in the short term, but sees it hitting $2,500 on a cycle of "major military conflict" starting in 2012-2013.
- Sees Dow hitting 5,000 in the next few years
Source: BloombergTV http://www.bloomberg.com/news/2010-08-25/charles-nenner-sees-dow-falling-to-5000-in-two-years-video.html