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When will Silver be Cheap again?
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<p>[QUOTE="medoraman, post: 1357119, member: 26302"]Heck, gold is minable from sea water. The technology is already there, just waiting for a high enough price. FYI magnesium is mined that way already.</p><p><br /></p><p>Regarding the 1800's, not only was it not inflation, it was deflation. That is the real risk to worldwide economy. I know everyone likes to jump on Fed policy, but they really are on a balancing act. They cannot risk deflation since its effects on an economy are severe, but they try to hold down inflation at the same time. I am not saying I agree with other decisions, but that is theoretically the parameters they play in.</p><p><br /></p><p>Speaking of deflation, anyone else read yesterday Japan has turned into a net importer now? That is what 20 years of deflation can do to you, take the world largest net exporter and turn it into an importing nation.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1357119, member: 26302"]Heck, gold is minable from sea water. The technology is already there, just waiting for a high enough price. FYI magnesium is mined that way already. Regarding the 1800's, not only was it not inflation, it was deflation. That is the real risk to worldwide economy. I know everyone likes to jump on Fed policy, but they really are on a balancing act. They cannot risk deflation since its effects on an economy are severe, but they try to hold down inflation at the same time. I am not saying I agree with other decisions, but that is theoretically the parameters they play in. Speaking of deflation, anyone else read yesterday Japan has turned into a net importer now? That is what 20 years of deflation can do to you, take the world largest net exporter and turn it into an importing nation.[/QUOTE]
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