css1971

First Comes Deflation, Then Comes Inflation

Pretty much agree, but deflation can run for a while. I suspect gold is going to follow silver and platinum in the short term, so no point holding it now at $700 when I can hold it at $500.

In the meantime Y'all just keep selling silver and platinum for me won't you. I'm looking for $600 in platinum and $4 on silver please.

One more thing though... I use the financial sector as "early warning radar".

The stock market is basically a big sponge for inflation. The banks churn out credit and it gets splurged in the market pushing everything higher... The banks stop lending and the market collapses.

So... Watch bank figures... The more they lend, the more money they make. When their figures falter there is trouble coming, step out into cash.

The Euro Shows Its Real Colors

"Euro has the fatal flaw of being governed by a single central bank but multiple national governments."

You seem to think that national governments matter... Haven't you noticed that when certain banks shout "Jump!", the national governments ask "How high?"