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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (78468)4/29/2008 7:05:59 AM
From: Real Man  Respond to of 116555
 
No, because banks got unlimited credit to lean against it on
Crimex and the IMF gold to sell in London. Nevertheless, those
commodities that develop genuine shortages will keep soaring,
as crimex has limited control there... Their goal is to
push liquidity into re-inflating paper assets, of course.



To: orkrious who wrote (78468)4/29/2008 8:42:39 AM
From: bearjones  Read Replies (1) | Respond to of 116555
 
Yes, with info like this, I find it very strange that gold is not soaring because of this. What is your take on it? Thanks.

To: Vi who wrote (78467) 4/29/2008 6:51:41 AM
From: orkrious Read Replies (1) of 78470

I don't know how it smells to you, but to me Fed backstopping
credit risk to infinity smells hyperinflationary.

don't you find it strange that gold isn't soaring on this?