Inflation > would solve the most important current problem: falling real estate > prices. Not to mention the cost of the up coming baby boomers Social Security and Medicare and the off budget cost of the recent wars.
On Dec 08 08:02 AM syndicat wrote:
> As investors we are in the midst of something and there is little > certainty. > > The US Treasury bonds and notes are clearly bets on deflation. To > loan this government money at 3.2% for 30 years doesn't make sense > under any other scenario. > > Gold at $750/oz is a bet on inflation. The US would prefer inflation > to deflation and is working towards achieving that end. Inflation > would solve the most important current problem: falling real estate > prices. > > Using Alan's own analysis, there isn't much gold around compared > to all > the other forms of money. $211 billion is a lot of money, but I > think we have already put a greater amount into saving Citigroup. > About the same amount has gone to try to save AIG. Can you imagine > the uproar if the US Treasury announced that it was selling all its > gold to save Citigroup? > > If people decide they want to own more gold the price could have > a significant increase. After all, governments can sell what they > have but they cannot make it.
Sort by:
Latest | Highest ratedBarron's Takes Down Cramer, Again [View article]
Cramer's Lightning Round - The Most Dangerous Stock for 2009 (12/23/08) [View article]
consumerist.com/511667...
Own Gold? Time to Fold [View article]
> would solve the most important current problem: falling real estate
> prices. Not to mention the cost of the up coming baby boomers Social Security and Medicare and the off budget cost of the recent wars.
On Dec 08 08:02 AM syndicat wrote:
> As investors we are in the midst of something and there is little
> certainty.
>
> The US Treasury bonds and notes are clearly bets on deflation. To
> loan this government money at 3.2% for 30 years doesn't make sense
> under any other scenario.
>
> Gold at $750/oz is a bet on inflation. The US would prefer inflation
> to deflation and is working towards achieving that end. Inflation
> would solve the most important current problem: falling real estate
> prices.
>
> Using Alan's own analysis, there isn't much gold around compared
> to all
> the other forms of money. $211 billion is a lot of money, but I
> think we have already put a greater amount into saving Citigroup.
> About the same amount has gone to try to save AIG. Can you imagine
> the uproar if the US Treasury announced that it was selling all its
> gold to save Citigroup?
>
> If people decide they want to own more gold the price could have
> a significant increase. After all, governments can sell what they
> have but they cannot make it.
Why Do Fed Bankers Meet in Ritzy Jackson Hole? [View article]
DO YOUR RESEARCH--FED BANKERS ARE NOT GOVERNMENT EMPLOYEES
PAT