RE: RE: RE: RE: if they increase productionYrs You are right and I would not sell my minig shares and silver -God bars
BUT if You destroy 40 Trillion$ in dbet You might get an asset depression fist and out of that Hyperinflation , but first hort of cash and saving, Velocity of money ( the need for inflation ) is falling of the cliff. My guess it will take till 2012 .
But i watch the $ Bonds and Gold and Silver , but look with all the trouble we had the last 8 month, Gold is still below 1000 and silver below 20$ so as I have said i would not sell my hard assets but for sure buy more at 650 and 6 $ silver...
I have been reading and studing Prechter Faber Shilling and if some one says it is impossible to go down in gold and silver the next 12-18 month in Gold and silver read Prechter´s stuff. India´s ogld sell is dwon very big and what happen if You have unemployment at 30-35% As have 30% cash 20 minig shares 18% Bars and some other resource shares like U and oil but all down.
Gold and Silver could have 1 more correction to now low in this correcton cycle