Here is an interesting comment by Doug Casey of Casey Research.

As the government takes over more and more of the economy, they'll mismanage that activity, as they always – necessarily – do. Why do I say necessarily? Because they do things that are politically productive for them, not economically productive for society. That's going to hurt productivity and profitability, misallocating and even destroying capital wherever they stick their noses. And, today, that's absolutely everywhere.

A little later in the article Casey states, "It makes no sense to be in the stock market at this point. Real estate is a terrible place to be. Bonds are a terrible place to be. Even cash, especially if you're holding euros or dollars, is surprisingly risky. That makes this a truly unique time, in which there's almost nothing that's a good place to be.

I'm very bullish on gold.... I still think gold is going over $2,500 or even $3,000, in today's dollars, but it's risen enough that it's not going to be a one-way street straight up from here."