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2011 GOLD high $1,500.00, SILVER high $24.00
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<p>[QUOTE="10gary22, post: 1167745, member: 23626"]I was waiting for everyone to start calling the last round of profit taking a "correction". What I am finding a bit troubling is that the profit taking only drives the prices downward a very limited amount before it starts climbing again. With each floor higher than the previous one, just like gasoline prices.</p><p> </p><p>Now, I am getting worried ! Seriously ! I fear the USD may be headed into a tailspin as we may be approaching the worst "stagflation" we have ever seen. Except now I fear they may need to coin a new term like "depressflation" for when the economy actually shrinks yet inflation runs rampant !</p><p> </p><p>WWII brought about the last recovery because it created a manufacturing base in the US. Any ideas how jobs can be createdor brought back without somebody making or building something ? Just askin'[/QUOTE]</p><p><br /></p>
[QUOTE="10gary22, post: 1167745, member: 23626"]I was waiting for everyone to start calling the last round of profit taking a "correction". What I am finding a bit troubling is that the profit taking only drives the prices downward a very limited amount before it starts climbing again. With each floor higher than the previous one, just like gasoline prices. Now, I am getting worried ! Seriously ! I fear the USD may be headed into a tailspin as we may be approaching the worst "stagflation" we have ever seen. Except now I fear they may need to coin a new term like "depressflation" for when the economy actually shrinks yet inflation runs rampant ! WWII brought about the last recovery because it created a manufacturing base in the US. Any ideas how jobs can be createdor brought back without somebody making or building something ? Just askin'[/QUOTE]
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