Sunday, August 14, 2016

Gold at $2,000 Becomes Inflation-Adjusted Bullseye for ‘80 High

October 19, 2009 by · Leave a Comment 

By Pham-Duy Nguyen Oct. 19 (Bloomberg) — Gold’s rally to a record means prices are still 53 percent below the 1980 inflation-adjusted peak. While gold rose 19 percent this year to $1,072 an ounce on Oct. 14, consumer prices almost tripled in the past three decades, eroding the metal’s value. Bullion hasn’t kept pace with [...]

Capital Gold Group Report: GOLD RISES TO RECORD AS INFLATION OUTLOOK FUELS INVESTOR DEMAND

October 7, 2009 by · Leave a Comment 

Oct. 6 (Bloomberg) — Gold rose to a record on speculation that inflation will accelerate and erode the value of the dollar, boosting the appeal of the precious metal for investors seeking to preserve their wealth. Gold futures climbed as high as $1,038 an ounce in New York, topping the previous record of $1,033.90 in [...]

Inflation is Our Future

September 30, 2009 by · Leave a Comment 

The Daily Reckoning On one hand, the deflationists are claiming that given the extremely high debt levels in the West, further inflation is impossible. On the other side of the argument, many proponents of inflation are calling for Zimbabwe style hyperinflation. In this business, everyone is entitled to their opinion; however it is my contention [...]

Let Them Inflate

August 17, 2009 by · Leave a Comment 

By The Mogambo Guru I think that Paul Krugman is one of those absurd guys that has no idea what in the hell he is talking about and who owes his undeserved prominence to being a real butt-kissing sucker-upper to Alan Greenspan and his Federal Reserve, and now he’s doing the same thing to the [...]

James Saft: Only way out is to inflate and default

March 7, 2009 by · Leave a Comment 

Let Sleeping Shadow Banking Systems Lie By James Saft, Reuters Rather than vainly trying to refloat the shadow banking system, the U.S. would be better off grappling with the inevitable ultimate solution — debt destruction and inflation. The common denominator of policies like the Term Asset-Backed Loan Facility (TALF) that was detailed on Tuesday, is [...]