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Re: starboy post# 30823

Thursday, 10/02/2008 11:36:48 AM

Thursday, October 02, 2008 11:36:48 AM

Post# of 46420
I'm pretty convinced now that the deflationary effects of a massive global slowdown is going to outweigh any INflationary effects of "possible" money printing coming down the pike.

The fed is determined to take the alternative route of "borrowing money" from US with the promise of a payback with a potential profit rather than just printing up a bunch of new bills to "liquidity" our way out of this.

I personally don't think this bailout/rescue/brainscrew is going to work, and printing massive amounts of new money will have to come later, but for the mean time that's not the case.

So, silver/gold is not going to hold up as it would in a normal situation where inflation would rule the day.

McBUSHIE'S choice of Palin was irresponsible, dangerous and insulting to America's intelligence. That choice and his continuing smears/lies prove he'll do anything to win this election even to the point of endangering his own country.DEFEAT HIM!

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