patio

Gold and Oil: A Long Term Play on the Economy

Exactly. These authors miss the second part of the equation every time on this topic. Yes, the banks (and credit card companies, etc. )aren't lending, and the standards to get a loan ( or credit of any type )have gotten back to where they should have been all along.
But the second part of the equation: the demand for loans has dried up, ist kaput-ski. Who needs to expand their business now? Who wants to buy that new car, that second home, all that discretionary stuff now?
Or for the long forseeable future.


On Jan 06 05:00 PM bricki wrote:

> Yes, huge inflation coming, except we are deflating now. Not to mention
> that in the '80s when Japan went through the same thing we are going
> through now they didn't have any meaningful inflation at all.
>

The Commodity Rebate

Slow? They have no choice, everyone is buying very selectively or not at all.
In normal times, however, I agree with you. I can't believe how fast gas has fallen, very unusual, they usually keep it jacked up lagging oil decreases.


On Dec 05 11:46 AM smc wrote:

> that is only true if retailers and consumer products companies pass
> lower commodity prices through to consumers which they are slow to
> do