CUSIP

Mortgage Delinquencies in Canada Nowhere Near as Low as U.S.

Canada's home prices just started to fall recently and will get crushed worse than the U.S.

Using Canada as an example is like pointing out that the person that jumped from the Empire State Building is still alive after a few seconds so they are OK when in fact it take approximately nine seconds to dig in like Wiley E. Coyote after jumping from the top of the Empire State Building.

Nice strawman argument...it is never different 'here'.

Gold and the Dollar: Value is in the Eye of the Beholder

It does not matter that the there is 200+ trillion in investable dollars worldwide only what the world is willing to lend to us to finance our current account deficit.
We are seeing a contraction in the world's willingness to fund our current account deficit by funding our capital account.
This will not change soon and yes we are currently seeing deflation as more money is being destroyed than is being made available to businesses and consumers.
Deflation is here and the only reason it did not arrive sooner was consumers' and businesses' willingness to take on more debt is as historical proportions. Debt does not equal cash.
Have fun eating crow!