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KastelCo

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KastelCo

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Re: ItsAllCyclical post# 18960

Thursday, 05/21/2009 8:54:27 AM

Thursday, May 21, 2009 8:54:27 AM

Post# of 19037
Well inflation seems to be a non issue in Canada.. Oil has had a nice run.. with the US stats finally justifying a higher price.. and GS call.. Tons of calls for 72$ oil now.. good for green shoots ? Not.. Waiting for next GS oil call ;o) Downgrade when they once they've unloaded ... naw.. I'm way too cynical.. Inflation ? Doesn't look like US consumers will be back in force to me.. Will Chinese pace of raw material consumption continue ? I note that China has set up a deal to bypass the USD with Argentina and is now working on same with Brazil.. Not sure what that does for gold but cannot be USD friendly so US inflation is likely ... Still not convinced that makes gold a #1 choice for a Canuck...


Wish this stuff was easier...

K

God is Great, Beer is Good, People are Crazy..

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