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Re: ThSeeker post# 1780

Tuesday, 10/17/2017 10:07:27 AM

Tuesday, October 17, 2017 10:07:27 AM

Post# of 4985
I agree...well worth the listen. Pento touched on some of the questions I was looking for on the current lack of inflation we're seeing. He said that the money is out there to be loaned by the banks, but because of so much debt in the system people can't borrow, so that's why we're not seeing inflation develop. That makes sense.

He also touched on when the crash comes he thinks it will be deflationary and although he never says it, may take the gold price down. Then he thinks the Banksters attempt to reflate again doing "helicopter money" straight to the people, which will prove to be very inflationary.

I agree in theory with what he's saying, but I'm a little concerned about how fast after the crash it takes gold to rebound. I hope we'll see very little PM selling when the crash comes because of the fear the crash will instill.

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