Posted by alslayton on 4th of Sep 2009 at 11:26 am
I think you are SPOT ON in the projection that the market
is telling us that what we face is a deflationary scenario.
The risk is for a DEFLATIONARY recession or at worse a
DEPRESSION. The nations of the world will try to reflate by
printing massive amounts of paper. Currencies are to be
avoided and GOLD will be the store house of value. Bill Gross
yesterday on CNBC was talking about the 30 year treasury being
attractive. Isn't that an outlook for deflation?
However, my thought is that it will be two or three years
down the line before that takes place, as the STIMULUS fails to
turn things around.
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I think you are SPOT
Is today the beginning of a major change in inter-market relationships?
Posted by alslayton on 4th of Sep 2009 at 11:26 am
I think you are SPOT ON in the projection that the market is telling us that what we face is a deflationary scenario. The risk is for a DEFLATIONARY recession or at worse a DEPRESSION. The nations of the world will try to reflate by printing massive amounts of paper. Currencies are to be avoided and GOLD will be the store house of value. Bill Gross yesterday on CNBC was talking about the 30 year treasury being attractive. Isn't that an outlook for deflation? However, my thought is that it will be two or three years down the line before that takes place, as the STIMULUS fails to turn things around.