SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: seventh_son who wrote (30627)9/9/2004 1:01:28 PM
From: seventh_son  Read Replies (1) of 39344
 
Good Article on inflation/deflation and gold

Here is a pretty good article that I found on 321gold.com. Basically, it states that US money supply growth has stalled again, and that the implications are either the US slipping into the vortex of deflation and economically imploding, with foreigners fleeing US investments and the dollar, or some new source of borrowing and spending appearing to keep the economy propped up, the only palatable and visible source being WAR.

321gold.com

I read antiwar.com, an excellent site for news that everyone should be reading but probably does not get through the main news outlets. What I've seen recently are several disturbing articles indicating that an escalation of war in the Middle East is almost a done deal, at least if Bush wins. Just as the American public was carefully prepared for war with Iraq by a fear-mongering PR campaign before anything much was stated from official sources, we are apparently seeing the start of this campaign with respect to Iran. The claims of Iran approaching nuclear capability are much more credible than with Iraq, in fact they would be crazy NOT to be desperately seeking nuclear weapons after they have seen what the US did to their neighbor. With so many people in the US buying whatever Fox News or the radio outlets dish out, Bush could probably get away with initiating war with almost any country in the world, let alone Iran. It's win-win for him -- he remains popular, the public remains diverted from the economy, and severe recession or depression is held at bay (temporarily) due to the sadly necessary military expenditures.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext