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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Salt'n'Peppa who wrote (122117)	7/6/2009 10:57:46 AM
From: axial	2 Recommendations Read Replies (2) of 206135

"Being short oil at present, inflation is my biggest worry in the mid-term." Good call on crude. Re: inflation I don't see it being a problem until all that liquidity makes its way into the economy: until it normalizes. A greater concern (for CBs and policy-makers) is deflation near-term and mid-term, locally and globally. Nobody knows for sure, including me. But the recent upswing ("green shoots" LOL) convinced many that the worst was over. Not so; it was crash avoidance, not economic stabilization. The world continues to walk an economic tightrope, IMO. Jim

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