Silverbug2

Tuesday Outlook: Commodities, Emerging Markets

The definition of inflation is an increase in the money supply. If you don't think the TRILLION$ of new dollars committed to the bailout so far, with more to come isn't going to cause Hyper Infaltion in the next 18-24 months--then you live in fantasy land. Read the latest from Bloomberg on the bailout. Hope you own gold and silver, you'll need it.


On Nov 24 09:30 PM gman199 wrote:

> I am not sure why you are worried about inflation now. I think it
> is obvious the problem on the horizon is deflation. The only way
> to defeat it is by inflating the economy. I am not in favor of how
> the government is handling our economic problems, but i think inflating
> the economy by spending money is the only way to combat deflation.

Gold: Protect Yourself from Future Inflation

"The writer meant monetary inflation (or growth of the fiat-money supply), not price inflation (price changes, which could result from an increase in the supply of money, scarcity of goods, increase in the demand for goods, et cetera)."

Isn't monetary inflation...the same thing as "an increase in the supply of money"?

Price inflation is a symptom of inflation. Inflation is "an increase in the volume of money and credit realtive to available goods resulting in a substantial and continuing rise in the general price level." Webster's Seventh New Collegiate Dictionary.

SPDR GLD ETF Unloads 79 Tons of Gold - Should Investors Follow Suit?

I mostly buy silver bullion. Silver's gotten hammered too of course. Last week as silver was falling, I called my pm dealer, one of the largest in the U.S., and he told me that delivery of 100 oz bars of Englehard or Mathey were almost impossible to find. I could get Pan American bars, as they are the sole distributor...8 to 10 weeks out because the demand was so high! So, a little reality check, the "paper price" of silver and gold was falling fast last week while American 1 oz gold and silver eagle bullion coins wer very difficult to find/buy as was 100 oz silver bullion buys. There's a disconnect here boys between the Wall Street geniuses and the real physical bullion buying crowd who recognize that only gold and silver are real money. Gold and silver can never go to zero, but how about Freddie, Fannie, Enron, WorldCom to name a few? The physical gold and silver markets are very small by comparison to equities and debt (bonds). In the next 3-5 years if you don't own precious metals, you probably won't be able to afford to but them. BTW, are any of you concerned about the value of the dollar and the TRILLION$ in U.S. debt...and continued Federal bailouts? Where does all this money come from any way?