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View Full Version : There will be no official inflation, therefore no meaningful rise in gold and silver.



pistol
17th May 2007, 11:21
Bernanke said it himself, in order to contain inflation, one must contain inflation expectations. How does one do that? They simply deny that it exists, remove traces of it in official figures, remove the M3, keep a lid on gold and silver and "Walla! What inflation?" The reason they do this is because inflation is a beast that feeds on itself. For instance if people see inflation, people want more pay, people buy or spend more today rather than tommorow, people buy commodities to hedge inflation pushing inflation up further, so people buy more, it becomes a viscious circle. So how is gold and silver supposed to flourish in this kind of environment without the viscious circle of inflation that the Fed has so effectively interrupted? And with the main stream press aiding and abetting this psychology or rather, mind numbingly not asking the questions that a news reporter should be asking... because they're pseudo economists. Under these circumstances is $20 silver not just a pipe dream?

Ardent Listener
19th May 2007, 21:44
Bernanke said it himself, in order to contain inflation, one must contain inflation expectations. How does one do that? They simply deny that it exists, remove traces of it in official figures, remove the M3, keep a lid on gold and silver and "Walla! What inflation?" The reason they do this is because inflation is a beast that feeds on itself. For instance if people see inflation, people want more pay, people buy or spend more today rather than tommorow, people buy commodities to hedge inflation pushing inflation up further, so people buy more, it becomes a viscious circle. So how is gold and silver supposed to flourish in this kind of environment without the viscious circle of inflation that the Fed has so effectively interrupted? And with the main stream press aiding and abetting this psychology or rather, mind numbingly not asking the questions that a news reporter should be asking... because they're pseudo economists. Under these circumstances is $20 silver not just a pipe dream?

You can't fool all of the people all of the time. Something has to give sooner or later. But you're correct that a con is going on now.

longboardlen
30th May 2007, 23:08
I Personally Think That Your Timeline In Too Short.stop Thinking Days/months And Start Thinking More In Years.and Even If Silver Gets Valued At $30 An Ounce Be Very Carefull What You Wish For.this Could Go On For A Very Long Time And At The End Not Be Very Much Fun For Any Of Us.

Prospector
3rd January 2008, 16:35
I didn't understand your headline or your poll question so I didn't respond. Bernanke is a politician. He knows very well that he can do anything he wants as long as he keeps the people thinking he is working with their interests in mind. He walks the walk and he talks the talk, but he never ever confuses the one with the other.