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.
Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?


To: ahhaha who wrote (18873)8/3/2011 9:21:51 AM
From: sixty2ndsRead Replies (1) | Respond to of 24758
 
<<<The only way gold can fall meaningfully is through substantial rise in interest rates>>>

What about a substantial drop in the price of oil?
Sure the odds are long against.
12 months ago the odds were long on current interest rate policy lasting this long...

Wouldn't it damage the image/psyche of old yeller?
Then the gold miners become more attractive...
costs drop faster than POG.

<<< Otherwise, in the current economy with the Demolitionists expanding debt, the ability to service debt is falling. This causes an indirect deflation. It is this indirect deflation that drives gold, now that the POG is sufficient to increase mine supply enough to meet demand. You could look at 1500 as a base level. The reason for this base height lies in the impossibility of Gentile's Keynesian FED to accept a true deflation. >>>

I agree.

<<< One could look at it as though the domestic buying power of the dollar has shrunk. This view is independent of any cumulative +rocGPL. >>>

Now this injun is off the reservation.
In deflation munee buys more...if one has da munee and the want to spend it.

<<< DM and Gentile have no way but to keep on trying to inflate. >>>

Agreed, they are in the bag.

<<< Since the system is saturated such attempts only induce further indirect deflation.>>>

Why is that? It is We, the People, who must solve the problem by doing business, but neither DM nor Gentle can permit that. Their philosophies of power won't allow it.

The underground economy will continue to grow...
Who'd a thunk there's gambling going on here?