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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (25592)6/19/2007 5:06:40 PM
From: philv  Read Replies (1) | Respond to of 81769
 
"Looks like they are buying into the low inflation b.s."

I was thinking about the markets in general, and gold. There are many who question the inflation numbers, and of course, the Aden sisters are right. You can't have massive money creation without inflation. And although interest rates are up, banks are still pushing debt. So it goes, on and on.

But obviously it doesn't matter what the real facts are, or who questions it. Those who bet against the market forces, must be an unhappy crowd. There is a saying about irrational markets and one's solvency. People who hold gold as a hedge against inflation must be extremely frustrated.