December 2009
December 21, 2009 –
Puru Saxena is another favorite analyst of mine. And I am posting this one a) because it is a good read, but b) it is a companion piece to russiangambit's excellent thoughts in his new post Deflation is only fair - http://caps.fool.com/Blogs/ViewPost.aspx?bpid=315392.
I completely agree with his thoughts. We are in the midst of a massive recession bordering on a meltdown. Demand is slowing and the natural market forces desire deflation to purge all of the excess leverage and massive mal-investment.
But as long as there is a Federal Reserve, it won't happen. [more]
December 16, 2009 –
Another good article by Steve Saville. Here is an excerpt. [more]
December 15, 2009 –
This is a great article by Jesse of Jesse's Café Américain. [more]
December 08, 2009 –
I have said this many times in the past, that gold is not only a hedge against inflation, but is a hedge against financial shenanigans and economic instability (loss of confidence). In fact I said the same thing this morning in the comment section of my post: http://caps.fool.com/Blogs/ViewPost.aspx?bpid=307389 [more]
December 01, 2009 –
Another good read by Saville. He has said these things before, but they are definitely worth saying again.
I think the outcome will be inflationary. That has been the plan (by the government, Treasury, and Fed) all along. Inflation = monetary inflation. Inflation is *NOT* price inflation. The first is a cause, the second is an effect. [more]