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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Fiscally Conservative who wrote (147914)	3/22/2011 8:42:06 AM
From: ChanceIs	3 Recommendations Read Replies (1) \| Respond to of 206184

>>>Money printing ... is why we are all screwed.<<< It is so sad but true. Good to hear another voice crying in the wilderness. >>>Could the Federal Reserve use Inflation as a tool to ease our burden on debt repayment. If so all tides will initially rise but commodities will have lasting stay especially Oil.<<< The pundits say that there are three ways to resolve the US' debt situation: 1) default, 2) restructure, and 3) inflate. They say that we won't outright default. Iceland is doing this and recovering nicely. Ireland and Greece are attempting to restructure. IMO Greece will outright default before too much longer. Then there is inflation. I believe that this is the US' unstated (thinly veiled) agenda. All tides will not initially rise. Part of the problem is the selection of coordinate origin - when do we start counting. Certainly housing has been crashing since '06. We didn't start printing in earnest until late '07. So housing hasn't benefitted. But if you want to go back to Greenspan's press in '01 we could say that it did benefit. It is now back down to '02 levels. In the large, that which is purchased with debt - housing - will suffer because the cost to borrow will rise. That which must be purchased, food, heat, transportation (oil) will experience a price rise. In general these products are purchased with cash or cash equivalents. Oil is denominated in dollars (at least for the next six months) and will experience a bump up as the dollar weakens with inflation/printing. The dollar is getting crushed again this AM: