M.R. Henderson

As History Repeats Itself, Time to Buy Gold and Silver

not one of the commentators seems to get beyond generalized populous sentiment to address that current treasury actions are based on economics and necessity. once we take that step, we can begin to discuss how the fed plans on sucking liquidity out once credit begins to flow. the doubling of the money supply in 2008 was to counteract the tightening of credit. it was pumping liquidity into a system that suddenly had none to cushion the economy from the collapse of so many private markets. gold has not collapsed once consumer consumption dried up, but it is highly speculative in our day and age (unless it is used to transfer untraceable buying power). for my money, the entire gold argument depends on whether the US economy has another leg down. china definitely has a leg down coming, and possibly deflation. what this will do to gold, i am not sure... anyone?