Inflation

Justice Litle: As the banksters rush to pay back TARP funds and clear themselves for year-end bonuses, the world moves closer to a hyperinflationary depression.

Ron Greiss of the Chart Store produces great graphics. In FSO’s wrapup piece, Greiss looks at various measures of inflation. Go here to see it: http://www.financialsense.com/Market/griess/2009/1229.html

In relative terms, Gold is still quite undervalued compared to the 1980 peak.

The interview is with Newsmax TV and is about 12 minutes long.

Since up is down and left is right in an anchorless fiat currency world, one must keep a perspective on things. As a Gold investor, I am not exactly bullish on the U.S. Dollar. However, I also am not bullish on other international paper currencies, either. I wouldn’t place faith in the Euro, the British … Continue reading

Video & Audio embedded in the post.

Most Gold bulls are silver bulls. The 1970s is the reason why and because inflation that occurs when a secular commodity bull cycle is in effect tends to flow into both precious metals.

Gold’s getting ready to have a short-term correction if it didn’t start today. Trying to game short-term corrections in a raging bull market is a fool’s game and there’s no reason to do it.