Gilbert A...

Gold: The Only Remaining Bubble?

Is Gold an hedge agains inflation ? I so, why gold is up then, since there is no inflation, we are even in a deflation phase.

In noway there is inflation right now !!!

Stop being contrarian stating there is some :

Trust officials from stats bureaus, Trust your officials they know best,

There is no inflation now, nor in sight.

Proof 1: oil is down, crude is down, but the pump remains the same.
And Opep will cut production.

Proof 2 : Tides still makes 34 washes, cost the same. But the bottle is
twice less than it was. Javel water, the jug is smaller, and it is
not because of my lens.

Proof 3: My pasta pack is 2 twice the lastyear price, and the pack is 25
% less.

Proof 4: meat price are declining; they will eliminate beast to keep the
price up. My 10 lb. potato bag cost the price of a 20 lb.

Proof 5: DO some grocery shopping and compare with last year price.

Proof 6 : 42 '' Plasma tv set are cheaper now. Iwho buys tv each week,
and like any other electronics, price are falling as new tech
comes in the market.

I do suggest that M. Paulson et al. know what they are talking about when
they make satement about their non-inflation. But I don't think we have the same concept.

I don't mind that Bentley's new model is cheaper than the last one.

So I Expect gold to hold and rise. And I hope it, because what else's left ?