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<p>[QUOTE="chip, post: 1096798, member: 19122"]I think that those in the know knew that inflation will pick up. Right now it is not on the average Joes radar screen, I think that the price of pms have already been adjusted for inflation, though when it becomes noticable to the average person they will at that time start buying pms, that will cause a bubble, it will shoot up drastically, then fall more drastically. </p><p><br /></p><p>So what has driven prices til now are those that know inflation is coming, ie reason. At some point the driver will be fear of inflation, which is different than inflation. Sure some people speak of their fear of inflation now, but most people do not have it on their radar yet. </p><p><br /></p><p>I think that what will drive the collapse is when an administration starts battling inflation by raising interest rates, and attempting to shore up the dollar, at least that is what happened before, and history though it does not repeat itself note for note does play some refrains now and then.[/QUOTE]</p><p><br /></p>
[QUOTE="chip, post: 1096798, member: 19122"]I think that those in the know knew that inflation will pick up. Right now it is not on the average Joes radar screen, I think that the price of pms have already been adjusted for inflation, though when it becomes noticable to the average person they will at that time start buying pms, that will cause a bubble, it will shoot up drastically, then fall more drastically. So what has driven prices til now are those that know inflation is coming, ie reason. At some point the driver will be fear of inflation, which is different than inflation. Sure some people speak of their fear of inflation now, but most people do not have it on their radar yet. I think that what will drive the collapse is when an administration starts battling inflation by raising interest rates, and attempting to shore up the dollar, at least that is what happened before, and history though it does not repeat itself note for note does play some refrains now and then.[/QUOTE]
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