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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Giordano Bruno who wrote (373896)9/8/2008 3:40:01 PM
From: Horgad2 Recommendations  Read Replies (3) of 436258
 
Gold holding its value while the dollar rises and everything else drops, coupled with increasing unemployment, sounds like f-ing deflation to me.

If this is a deflation head-fake, it is starting to be one hell of a head-fake. At what point do we inflationists call uncle? Jeebus, I should have bought less silver and more gold. Silver still thinks that it is a commodity while gold is playing at being money.

Also, if gold continues to hold and energy keeps dropping, I can't help but thinking that the gold miners should be exploding to the upside. WTF is up with that? GFI is at like a 6 year low.
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