Message:

<p>[QUOTE=&quot;InfleXion, post: 1338293, member: 29012&quot;]This is key. If you believe Lindsey Williams, the Fed is planning on a 40% reduction in the value of the USD based on a 2002 essay by Bernanke. He is only speculating that it could happen in 2012 though, but is pretty confident it will happen at some point. 16 of the Fed&#039;s 21 primary dealers are predicting QE3 by the mid-point of 2012, and realistically anything other than money printing would decimate the banks with their highly leveraged balance sheets. Any deflation would be magnified and require them to be bailed out anyway. </p><p><br /></p><p>This doesn&#039;t mean that gold will outperform in the case that all prices rise, but gold is the safe bet in that regard. The physical silver market bodes better for silver in my mind, but that can&#039;t happen until the paper price diverges from the physical price since the CME Group will never let it get above $50 with their endless margin hikes. The Pan Asian Gold Exchange goes live in June I think, and I can&#039;t wait for a little competition in the marketplace.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in