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| User Info | Market Ticker slam on PM's and PM stocks; entered at 2007-12-01 15:48:53 | |||
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Wobble Posts: 58 Registered: 2007-12-01
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Inflation is occurring in all parts of the world. China, India, Europe, South America, Australia, Asia, Russia etc... Don't just be US centric in your arguments. Maybe you guys are short term day traders. Have a look at some daily chart which go back more than this month. Try the last 5 years at the minimum. Then have a look at charts of the other instruments like Soft Commodities, Energy, Metals, Meats, Shipping and Freight Rates. All point to high inflation. Economies are like big ships. It takes years to decades to change direction. If deflation is going to happen, then I can't wait. The money I have saved will be worth more. And my bus fare will reduce. I think it's more likely that inflation is here to stay. The rest of the world is only getting started. I'm not a millionaire. I regard someone a millionaire if they own the equivalent of 1 million ounces of Silver and I regard someone a billionaire if they own the equivalent of 1 million ounces of Gold. 2007-12-01 15:48:53
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