Post by
gnawitall on Mar 17, 2016 11:00am
Rayme - DEFLATION NOT UNDERSTOOD
I need no more convincing that we are in a period of Deflation - In a period of deflation dollars
are harder to find - thus I do not buy the argument that the US dollar is going to fall Rayme and consequently the price of gold will go up - What I argue is that the dollar will increase in value due to deflation - and that in fact this is unstoppable - regardless of the ' fixes ' which are not fixes at all from the Federal Reserve -
trillions of dollars of value ( debt ! ) are going to disappear - wiped out ! and dollars will get rarer. How demographics feeds into this is very interesting - But , it cannot be long now when the reckoning of printing so much false stimulus will fully declare itself - It will be much worse than 2008 ! If I am right ,which I think I am, then selling everything even gold or it's equities is of paramount importance to the individual. But from a pholosophic and a practical point of view in
investments, I believe one should always be selling short and rarely if ever buying except in a fire sale - or times of dire panic . With manipulation and a friendly Federal Reserve in the US yes gold can move up - but the period of deflation will still be there and come to bear - and dreadfully , inevitably, you will see the bust where dollars become rarer and rarer and truer values are reestablished once more. So beware.......