Randy_H

Invest Now with a Keen Eye and Be Regarded a Genius for Decades

By the time this "temporary deflation" (as the goldbugs, fiat money haters, and conspiracy nuts insist upon calling it) is over, the pursuant inflation will be backfilling growth more than filling wheelbarrows.

So few people seem to understand how much money is being destroyed it's little wonder the comments run 20:1 on SA in favor of the inflationary holocaust scenario. Remember, every time US consumer debt falls -- as in people paying down their credit card debts -- that equates to a dramatic rise in US savings rates. The Fed can print all the money they want, so long as the velocity continues to decline there will be deflation. Deflation causes destruction of demand and supply; negative growth. By the end, inflation isn't inflation because it ends up being expansion concordant with growth.

Why Oil and Gold Are Headed Much Higher

"you can bet that it, along with oil and real estate and any other hard assets, will skyrocket"

I heard that before. Circa 2004. Real estate: buy now or be priced out forever. Give me a break.

Do you guys even realize that you're just wishing and begging for yet another bubble? You disguise yourself in language of economic reformers, but in truth you just want the bubbles-R-us economy to rage on. You're just jealous you missed the last one and want the next to be in something you own.

The rest of us are for no more bubbles. Period.

Why Oil and Gold Are Headed Much Higher

--"When the ones on here that read this do not own any of either are crying I really, really do not want to hear you complain or even whine. You had a chance now before it just blows up like a bomb to get some and then you will just be wondering how to buy groceries and pay for bills."--

Wow. Sounds just like every other bubble blowhard. If I had a double eagle for every time I heard a realtor tell me "buy now or be priced out forever!!!" The problem with being an extremist is you end up looking just like your enemies. I'm sure you're one of those who was beating up on real estate bubble cheerleaders, but you failed to see the pom poms you're shaking.

--"I on the other hand will be able to take a vacation away from all the ones that are asking if I can spare a Silver dime...."--

Good luck with that strategy. Even if you're right you're going to find out quite rudely why your precious metals are spendable in a Mad Max economy exactly once. Once and only once. After that, everyone will know you've got it, and trust me, guys like you and I who post on SeekingAlpha are not going to be the sort who can hold onto their gold against the sorts of Alpha-males who'll be running the show in your fanciful all-gold, barter economy.