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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (95068)	11/10/2010 3:11:46 PM
From: Sedohr Nod	3 Recommendations Respond to of 224748

It was my professional opinion in 1980 that the moves in gold and silver were rank speculation at best(which turned out to be the correct position, probably the only thing I got right in the decade....), so you can throw out all the jabber about inflation adjusted prices of what turned out to be a bubble madness move. That is unless you are arguing that the real world fundamentals of today should be calling for a much higher price in those two metals. Somehow, I doubt that is the outcome you were looking for.

To: Kenneth E. Phillipps who wrote (95068)	11/11/2010 9:46:23 AM
From: chartseer	Read Replies (1) \| Respond to of 224748

Quotable quotes: "Inflation isn't a problem, growth is the problem." comrade chartseer

To: Kenneth E. Phillipps who wrote (95068)	11/11/2010 9:53:01 AM
From: chartseer	1 Recommendation Read Replies (1) \| Respond to of 224748

"This makes the recent 20 per cent rise in food commodity prices more important." "Food is one third of China’s CPI, versus 14 per cent in America. This makes the recent 20 per cent rise in food commodity prices more important. Meanwhile, China’s competitive leg-up vis-à-vis Japan, Korea, Germany and others will be exacerbated by a further 5 per cent trade-weighted devaluation (in line with the dollar) – a currency impact that is likely to take effect much more quickly than any benefit from devaluation to the US. So higher Chinese inflation arising from QE2 is a double-whammy: demand-pull as well as cost-push." comrade chartseer