iShares Silver Trust (SLV)

[lady glueck]

breathtaking, yes! keep on stacking phyz, QE's Fail To Inflate - Deflation Here We Come!
If the expectation is that we QE to infinity and hard assets inflate then why is velocity of money shrinking? 1980's - last commodity bull top velocity was in clear uptrend which led to the blow off top. Now velocity of money is dropping like a rock.... Does it tell us that QE is not really working and we are to continue deflation process???

It seems that its not inflation that Fed is scared of - its deflation! Hence this last QE announcement. My question is --- will it work? The answer is below. 2008, 2010 - two QE's later and we still did not reverse the trend. Why would it work this time?

In other words - in order to see true inflation (ala germany 1920's) we need to see money velocity to pick up. Right now we are holding onto our money which means that we are not really afraid of money losing value. Gold/silver managed to advance, a lot of it is debt risk driven IMO not true inflation.

http://www.peakprosperity.com/forum/79705/qes-fail-inflate-deflation-here-we-come