China’s July wholesale prices up 10 percent
With this news we should expect to continue to see raising inflation for some time to come. I don’t see Chinese manufacturers taking the pain for too long before they are raising the prices on the...
View ArticleEx-Federal Reserve chief Paul Volcker says U.S. now in recession
Ahh, my hero ex-chairman Mr. Volcker. If only others would have the discipline you displayed to contain inflation. I think if you talked to the average business person that you would agree we are in...
View ArticleGold may spike to $2,000 per ounce in medium term due to inflation
I know everyone loves to repeat deflation, deflation, deflation and I do agree that sounds attractive for people who are not underwater in debt and have substantial savings. In the short-term we...
View ArticleCitigroup says gold could rise above $2,000 next year as world unravels
Well we have seen a tremendous amount of money issuing taking place to try to save a reckless financial system in the United States . At some point this amount of currency will have to come to bear in...
View ArticleFed’s Lacker says don’t ignore inflation down the road
I agree with Lacker’s assessment on inflation and how we should have our long-term strategy in mind at all times as well. While we have asset classes falling in value, the likeliness of us having...
View ArticleFederal Reserve to inflate another asset bubble to kickstart economy?
Is this what I am actually reading? We should create more mal-investment to spur spending that will lead us right into another crisis that would likely be larger than our current debacle? If this...
View ArticleU.S. Inflation to Approach Zimbabwe Level, Dr. Faber Says
All this money pumping has to go somewhere and when you hold interest rates so low, you force people to speculate on other more exotic investments than government bonds to get a return that outpaces...
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