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


To: mishedlo who wrote (78715)5/12/2008 3:24:27 PM
From: Mike Johnston  Read Replies (3) | Respond to of 116555
 
"LMAO"

I don't care that you are still buying chicken parts for 29 cents/pound and 39 cent hamburgers.

Where I am at, the only deflation I see is the deflation in the purchasing power of the dollar.

I am going to repeat the exact same thing that I have said some months ago with oil at $60 , gold at $600 and euro at $1.30.

Show me oil at $30, show me gold at 400 and euro back to parity and we'll talk.