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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: Proud Deplorable	9/4/2007 10:14:12 PM
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Posted On: Tuesday, September 04, 2007, 5:44:00 PM EST Inflation Is Not Currently Thought Of As A Problem In The Developed World - That Will Change In The Coming Months And Years Author: Monty Guild and Tony Danaher THE CONSUMER PRICE INDEX (CPI) HAS BEEN MANIPULATED TO MINIMIZE THE IMPACT OF INFLATION An article by Robert Hardaway; a law professor who has written fourteen books on law and public policy, (there is a link to the article below) is one of the best that we have seen on the subject. It is especially important because it points out how government agencies manipulate the producer and consumer price indices. Governmental authorities view inflationary psychology as a particularly dangerous opponent, they want to keep it down at whatever cost. AS CONSUMERS DEMAND MORE GOLD TO PROTECT THEMSELVES FROM INFLATION..CENTRAL BANKS SELL MORE TO KEEP INFLATIONARY PSYCHOLOGY DOWN I believe that this is why central banks sell gold periodically. They sell more gold if inflation appears to be rising. Recent rises in inflation in China, India and other countries that sell goods and services to the developed world have been met with increased gold sales by developed country's central banks. We can expect, as inflation is exported from the developing to the developed countries in coming years, increased sales of gold by central banks. We can also expect to see more and more consumers hedging their declining currencies and the rising inflation with gold coin purchases.

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