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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ecrire who wrote (27217)1/31/2012 4:08:32 PM
From: TheSlowLane  Read Replies (1) | Respond to of 29622
 
The best place to be be chasing gold recently would have been down into 1550 not well after it has broken up over its short term downtrend line, I'll agree with you there. Not just the Fed printing though...

Egon von Greyerz:
"It’s not just the ECB balance sheet that’s gone up in the last six months or even the last three months by hundreds of billions of dollars. It’s the same with the Fed, Bank of Japan, The Bank of England and the Swiss National Bank, they are all exploding. This can lead to only one thing and the market seems to be totally ignorant of this.

The repercussions are going to come very soon. As I said, this can only lead to one thing, an explosion higher in gold and silver prices."

kingworldnews.com



To: ecrire who wrote (27217)1/31/2012 7:02:00 PM
From: benwood1 Recommendation  Respond to of 29622
 
There is virtually no wage inflation, but there is plenty of retail inflation, > 10% according to Shadowstats. That figure jives with my personal finances when looking at energy, tuition, medical, insurance and food. At least my housing only went up 1% (due to the annual tax increase).

And I think retail inflation will be increasing in the next year.



To: ecrire who wrote (27217)2/1/2012 3:52:05 AM
From: GST7 Recommendations  Read Replies (1) | Respond to of 29622
 
<in the belief> I think they believe that inflation is their only hope for pulling off a life-saving default of spectacular proportions without sinking the global economy in the debt trap they themselves engineered not so long ago. Inflation is not what they are avoiding -- it is what they aim to achieve. They live in a house with only one door -- and the house is on fire. Inflation is the only way out for them -- their only chance for escape -- and they are rushing headlong towards the exit no matter what the cost, with Europe hard on their heels even as they they look back and crying in twenty different languages 'I don't want to leave my beautiful house'. But like a house fully engulfed in flames, their house is now only a memory, and ours a dream unfulfilled.