To: Kirk © who wrote (49489 ) 5/1/2013 11:59:50 AM From: Machaon 1 Recommendation Read Replies (1) | Respond to of 218833 Only if we get inflation rather than deflation. I doubt the Fed would be stealing wealth from savers at unprecedented rates if they were not terrified a deflation spiral was very possible. So..... as with the RMS Titanic, while the Fed keeps bailing dollars, to keep our economy afloat; Obama insists on sinking our economy thru politically motivated, wasteful government spending programs. super high density housing that STEALS wealth from local residents by destroying quality of life via gridlock, over crowded schools Personally, I feel that economic growth, via population increase, is just a Ponzi scheme that is destructive and destined to fail. Almost every world economy, except North Korea and Zimbabwe, keep immigrants flooding into their countries, increasing the demand for goods and services, but decreasing the quality of life for everyone. Both gridlock and deteriorating infrastructure will only continue to get worse. Sadly, for most of Europe, they have flooded their countries with ignorant, bigoted Islamists, who refuse to blend into, or accept the existing culture, or become productive; making life even more painful and expensive to everyone else. It sure looks like a major bottom with a trend change in home prices when using gold. I had trouble understanding the meaning of the chart. The chart doesn't show home value versus gold value . Are the trends because the price changes in gold, or because the price changes of homes, or a combination of both? Only if we get inflation rather than deflation. I looked at how CPI is calculated and water, garbage and sewage is about 1% of the basket of goods. It is very expensive to live in ...... So, bottom line, there is a TON of inflation due to hit from pension liabilities and infrastructure repairs we can't avoid... The working and the retired are being pounded with an upward spiral of increased costs, that is not considered inflation by our government. Water, electric, sewerage, local taxes, food, fuel, traffic tickets, rent, ATM and bank fees, etc. All of which are NOT considered inflation. To my wallet, it is inflationary, but what does it know!? Today is painful for a downward averaging type like me. I wish that I had taken profits yesterday. I don't have a large position in Silver, so I will just wait out this latest downturn before I pick up another piece. Thanks for the information and analysis!