Loading ...The massive printing will lead to inflation , then hyper then collapse. Gold is what u want to own . In the end , deflation will be here and EVERYTHING will go down in price , even gold , but gold will go down the least in price. CT
Nobody can deny that we have deflation and inflation in different areas of the economy. This is what makes it very different from the ’70’s inflation. The debate is hopefully about where it will all end (well, OK, I think we are all agreed that it will all end very badly, so maybe the debate is which route will be taken to get there). There are more complexities this time round too, with derivatives, much greater world trade, higher deficits in the US, vast money supply but vast debt too ….. and still very little wage inflation and as you say more downward pressure on pay rises as the lay-offs increase.
Does someone have a link to maps of the flooded areas? If so, please post the link. Also looking for a link to valid reports about the extent and type of damage to the farmland, the soil, and the ability of the area to recover. Also am wondering how this will affect North America’s ability to feed itself.
I listened to Jim McCanney on this. I believe that he shares my concerns about soil quality after decades of intensive crop offtakes.
BTW; many thanks to the poster who mentioned Bill Henderson’s book, Cancer-Free. I have added the cottage cheese and flaxseed oil to my breakfast of oatmeal and ground flaxseed. I can now work outdoors/gardening 12 hour days again and feel great. Maybe it is the vitamin D too from the sun, plus it is fun.
Getting up a little after 5 a.m. So calling it a day.
Airlines are downsizing again d/t high oil prices..inflation/travel expences/deflation/ more layoffs, less people buying trying to survive on unemployment. Sorry can’t figure how to post it again. Guess what Im saying both sides are right depending what sector your in.
derivatives, and they lose value, that would be deflationary? (we are talking money supply here, rather than prices).
When the counter-party in a derivative bet proceeds to claim a derivative bet leveraged at 100:1 as an “asset”, and that counter-party also happens to be a bank,
that qualifies as reserves and they’re now in place to lend out money…. banks bet with banks in the unregulated derivatives market, and you see how it has quickly grown to be well over $1 quadrillion dollars in size. this is inflationary something for nothing is now created ,,
the derivative in its useful form is a claim on asset.. which is regulated .. and as such even out .. not inflationary .. mono to mono equalized .. in my understanding
Saying “steel will be up 15%, where is the deflation” can be countered with “property prices are down 15%, where is the inflation”.
The discussion is about which ‘flation will dominate. And ultimately, what is the best thing to do to “Protect yourself” as Don says.
is hitting the average Joe… He might demand pay increases, but business are having to cope with the price inflation of supplies AND services AND the cost of money and and and… how can the J6P deal with endless price increases in basic food and energy costs? His bank account and spending power is being deflated at an alarming rate…just like mine is.
Vita D like any vitamin..vita..vital..but some are store in your body for longer periods. Vita A and vita D for two. If you get too much of this it could hurt you. Omegas are good for fighting heart disease as well as proper balance not only in vitamins but electrolytes. Esp. for those who work out in extreem weather conditions..electrolytes..and avoiding it as you age if possible. You will see more heart attacks in extreem weather conditions, such as heat waves or sudden drop in temperatures…really cold weather.
You say “derivative bets increase double in the last year or so.. increasing supply of debt.”
Do you consider that to be inflationary?
Pricing two office buildings for a local developer. If I cannot sign a contract with the steel fabricator by June 30, the cost of the structural steel jumps 15%. Where’s the deflation?
its your imagination ..
because the price of (insert ) in(insert) is down lol
Jim Sinclair’s Commentary
Gold is going to $1200 in 2008. Gold is going to $1650 before January 14th 2011.
The credit problems are growing day by day.
The downgrading of the Default Derivative factories is quite serious.
Debt instruments that received their AA rating because of these Credit Default Derivative factories are now also being downgraded.
move along
China agrees to 96% jump in iron prices — as gold falls
Submitted by cpowell on 03:53PM ET Monday, June 23, 2008. Section: Daily Dispatches
By Javier Blas and Rebecca Bream
Financial Times, London
Monday, June 23, 2008
www.ft.com/cms/s/0/bca835f2-4125-11dd-9661-0000779fd2ac.html
Global inflation fears deepened as Chinese steelmakers agreed to a record increase in annual iron ore prices in a move likely to boost the cost of cars, machinery, and other products.
Chinese millers agreed to pay Anglo-Australian miner Rio Tinto up to 96.5 per cent more for their ore supplies this year, the largest-ever annual increase and well above the 9.5 per cent increase paid last year.
The rise suggests that demand for commodities from emerging economies remains strong, in spite of the US slowdown, fuelling fears that global inflation will continue to rise. The rise — an average 85 per cent — surpasses the record increase of 71.5 per cent agreed in 2005, when the commoditiesâ?? boom gathered pace.
“Commodity-led inflation risks appear to be growing,” said Tobias Levkovich, Citi chief strategi