a few words about GOLD

Most of the inflation has already happened. The wealth was already created during the housing bubble, and with leveraged investments. Now they are just scrambling to keep all the virtual wealth from disappearing.

Don't invest in expensive commodities. Buy cheap ones ..... OJ and feeder cattle are near 20 year lows.
 
Quote from Quark:

Let's see. In 2005 "everyone" predicted ever higher house prices. More recently "everyone" predicted $200 oil and that the dollar would go somewhere closer to zero.

When gold and silver were peaking earlier this year once again "everyone" predicted much higher prices.

Do you see a freakin' pattern here?!
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you're right on...and I'm also thinking that deflation is next...and then hyperinflation
 
Quote from promagma:
Most of the inflation has already happened. The wealth was already created during the housing bubble, and with leveraged investments. Now they are just scrambling to keep all the virtual wealth from disappearing.
Don't invest in expensive commodities. Buy cheap ones ..... OJ and feeder cattle are near 20 year lows.
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Inflation is a NECESSITY to reduce current gouvernment dept level (not only in USA also here in Germany). So the only question is not IF we will see some strong inflation but WHEN exactly it will set in. My best guess is that we will see a 1/2 year or 1 year deflation followed by a surge in inflation.
True inflation measures during the last years in USA should be close to 8% real number anyway.
I agree with Buffet that owning stocks will be superiour to owning cash but I don't agree we should invest this cash into US stock market. I would invest it in some fallen angels like Brasil, China etc... They don't have consumer dept problem and enough potential for future groth even without US.
 
Quote from Quark:

Exactly. A few short months ago "everyone" said deflation was impossible and "experts" had a million reasons and "facts" to prove it.
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Why do you say everyone? I have my post in ET that refute what you said. I wrote the exact opposite.

By the way: half of the investors said the same thing as me! 50% are wrong, 50% are right. That is the nature of markets.
 
Why do people even bother putting money on the line as far as deflation/inflation predictions?
Even right now at this very moment you can't really say what one is in control anyway..let alone bet money on what something you can't define will be in the future.
 
Quote from Topsurfi:

take a look at 30year threasuries. They don't see deflation coming.
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Yes, take a good long look, this is the next bubble ready to burst.
 
I believe we'll have inflation, so why am I short Gold? It's because don't know when we'll have inflation.

right now the charts are telling me gold is going down so I'm short. It's that simple. If gold fails to keep falling, I'll go flat. If gold goes up I'll go long.

Why predict? Just react.
 
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