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<p>[QUOTE="Cloudsweeper99, post: 990151, member: 3011"]The problem that I have with that sort of approach to analysis is that when it is done, you don't know any more than you did to start with. Does it mean there will be inflation or deflation? Nobody knows. Does it tell you what the "correct" price for silver should be? Nope. Should you buy or sell? Flip a coin. If dollars are being printed at a fanatic pace, why is the money supply falling? Will China resume debt purchases? They haven't commented on it so nobody really knows.</p><p><br /></p><p>I'm not picking on your comments, but I wanted to use it as an illustration of the futility of trying to perform any sort of macro analysis on politics or economics, and expect to make money from the conclusions. It just isn't that easy. I think silver prices will rise, but not for the reasons you state.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 990151, member: 3011"]The problem that I have with that sort of approach to analysis is that when it is done, you don't know any more than you did to start with. Does it mean there will be inflation or deflation? Nobody knows. Does it tell you what the "correct" price for silver should be? Nope. Should you buy or sell? Flip a coin. If dollars are being printed at a fanatic pace, why is the money supply falling? Will China resume debt purchases? They haven't commented on it so nobody really knows. I'm not picking on your comments, but I wanted to use it as an illustration of the futility of trying to perform any sort of macro analysis on politics or economics, and expect to make money from the conclusions. It just isn't that easy. I think silver prices will rise, but not for the reasons you state.[/QUOTE]
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