TSX:SGR.UN - Post by User
Comment by
Avocadopiton Oct 29, 2008 3:17pm
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Post# 15554117
RE: $1500 POG this spring!!
RE: $1500 POG this spring!!
So the Fed is pumping trillions into the economy, which under normal circumstances would just generate more inflation down the road. But nothing is normal. What about the ~$55 trillion of Credit Default Swaps, much of which is probably going to become worthless? Doesn't this cause a contraction in the money aggregates? Followed by Deflation? Gold may still go up, but not because of Inflation fears.
Andy