Chancer

U.S. Economy Will Suffer Simultaneous Inflation and Deflation

Today, Barron's called for the Fed to increase interest rates by 2%. Probably, will not happen for perhaps a year, because of unemployment rate and credit markets (tough for business). Fed is in difficult position. They would like to increase rates to stem inflation, but cannot.

Another factor predicting decline in US living standards is democrat plans to enact a VAT (valud-added-tax) to pay for the deficit. Pelosi publicly stated we need VAT to level playing field with Europe, as in reduce American standard of living and increase taxes to equate with Europe.

We will be living with permanently higher unemployment and slower growth combined with increased taxes and reduced living standards.

Invest in Gold Miners, Silver Miners, or Both?

I believe CDE is doing a 1 for 10 reverse split- meaning for every 100 shares, you will now have only 10. My policy (cast in stone) is to vote against ALL reverse splits; and against stock compensation plans for management's that perform poorly.

HL did a horrible deal on their refinance. Management was sleeping, when they could have negotiated reasonable financing. Instead, they screwed shareholders. HL's management should all be fired.