Petaquilla Minerals Ltd PTQMF

RE: RE: RE: Kyle Bass was on CNBC today talking

[wwadehammer]

Fed can't ease.  GDP was negative last quarter not counting inflation which would have pushed it to minus one percent.  Gas prices are rising again which will further slow the economy.  I paid $3.07 per gallon in December and today it's $3.59.  Nothing kills the economy quicker than a 15 percent rise per month in gas prices.  In January, new job created were 11,000 less than people who gave up looking for work.  Taxes for Social Security and Obamacare have kicked in and that will really slow growth.  Helicopter Ben has stated that the Fed will not consider raising rates until 2015.  Ben is pushing inflation to shrink the size of the deficit in real terms.  At some point, investors will flee bonds when it is clear that inflation will be many times greater than bond returns and put their money in gold and silver.  Gold will double in a matter of weeks.  Currently, the cost to produce an ounce of gold is over $1,000.  There might be some small downside in the near term but not much.  In the long term, gold can only sky rocket.  If Lom Poy comes in at 2 million ounces with a production cost of less than $1,000 an ounce this stock will sky rocket also.  Maybe to $1.75 as Zack's keeps predicting.