looking up Whats interesting now is that silver is holding up better than gold in the past couple of days. when we see silver move along with gold thats a bullish sign for precious metals. lets see what happens in the next few weeks, US fiscal cliff talks are just around the corner as well, and us dollar has been on a down trend for some time now.
I am starting to think the only way US will see inflation is if the us dollar devalues, they sertaily dont seem to be getting inflation up with growth in their economy.
the dollar has been over valued for years, record low interest rates but the dollar was very high.
i think fed will aventually get their inflation but it will not be the type of infltion they want, trough wage growth, job creation etc.
i am also starting to think any hick up in US job creations or if they sart to drift towards recession will be followed by more stimulus.
interesting times!!
all the best for everyone
Samuli