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To: LLCF who wrote (61646)10/15/2008 10:30:05 AM
From: Valuepro  Read Replies (2) | Respond to of 78411
 
"My thinking is that this is the "depression" part of what we all knew was coming, and it may take a while for hyperinflation to kick in."

Looks that way this morning as base metals are getting killed again. I thought we had seen the bottom, but now I don't know what to think.

As Jim Sinclair says, "the Weimar of Weimar's" is coming, but we need a revival in the credit markets first. From what I read we will then require another year or so before inflation starts to become obvious.

Along that line of thinking, I'm suspecting that banks and governments are throwing in the towel on debt management, and will be counting in hyperinflation to clean the balance sheets. Again, the best evidence of that will be in how fully they open the valves to free flowing credit.

In the meantime, at least POG in holding fairly well...........for now.



To: LLCF who wrote (61646)10/15/2008 1:54:12 PM
From: E. Charters  Read Replies (1) | Respond to of 78411
 
Chase this:



In a statement from her publicist today, Ms. Simpson had this to say about hyperinflation and the current economic situation, "Hyper what? .. no my hair never gets like that, I shampoo and rinse."