SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Bearcatbob who wrote (147918)3/22/2011 8:57:40 AM
From: Fiscally Conservative  Read Replies (2) | Respond to of 206183
 
Thinking more in fact that the pension plans were allowed to be underfunded in varing degree.
If I remember correctly, with F Ford and GM, they too were allowed to underfund their own pension plans via the Federal Government's blessings back in early 2000's.

My gut is telling me that Oil/Gas will rise as a direct consequence of an inflationary tide due to the outcome of restructured global debt financing.
The better part of deflation should be behind us,imo.
Within this decade inflation should surface as a common reality of our fiscal policies from the previous two decades.



To: Bearcatbob who wrote (147918)3/22/2011 11:02:08 AM
From: The Reaper1 Recommendation  Read Replies (1) | Respond to of 206183
 
Have been saying for months that the only solution to the massive underfunding of the public pension plans is to inflate the assets in said plans. Many of them are still basing contributions on an assumed 8% return going forward. Without huge Federal "donations" to the state plans, the only way to get that assumed return and make up for what happened in 2008 is for the Fed to pump this market higher to make sure those plans get their assumed returns and recover what they lost. I really don't think there is any doubt that this has been the entire reason behind this non-stop melt higher.