Massive printing of funny money has always let to massive inflation. Coupled with low interest rates, the mother of all commodity price spikes in USD is coming for sure. Gold is still only 27% from top folks. This is a mild pullback for this volatile asset. Glad to see you included it here. We will have the 70's all over again, Banks are already in a bidding war for deposits, some paying 5-6% to get CD investors. NatCity/Citibank. Check out Harry Dents site for his latest update on the coming depression. Maybe one more spike, then crash. Aggressive investors in gold/oil/commodities will be rewarded in short term but then shift to high yielding quality assets to secure the deflation of 2010-2023 and make tons on simple interest. Long CN Oil trusts, NXG, PAL, SWC, ZINC,GFI, adding more each 15th with my massive CanRoy divs. Also a little AHT for some good hotel real estate assets in good markets run by seasoned hotel pros w no debt due anytime soon and lots of cash.
-
Massive printing of funny money has always let to massive inflation. Coupled with low interest rates, the mother of all commodity price spikes in USD is coming for sure. Gold is still only 27% from top folks. This is a mild pullback for this volatile asset. Glad to see you included it here. We will have the 70's all over again, Banks are already in a bidding war for deposits, some paying 5-6% to get CD investors. NatCity/Citibank.
Nov 14 08:53 am
|Rating:
0
0
All Comments by beabaggage »Lower Prices Now- Massive Inflation Later? [View article]
Check out Harry Dents site for his latest update on the coming depression. Maybe one more spike, then crash. Aggressive investors in gold/oil/commodities will be rewarded in short term but then shift to high yielding quality assets to secure the deflation of 2010-2023 and make tons on simple interest.
Long CN Oil trusts, NXG, PAL, SWC, ZINC,GFI, adding more each 15th with my massive CanRoy divs. Also a little AHT for some good hotel real estate assets in good markets run by seasoned hotel pros w no debt due anytime soon and lots of cash.