The Friendly Money Making Board

[DeepBlue1]

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.