gold, page-31312

Hi Unsinkable and all,

“There is no inflation at the moment whilst the fed still wants to raise rates..”

I was wondering where you buy your medical, house, fire, car, life and general insurance from and your electrical, gas, telephone, TV service suppliers, fuel, food, clothing and entertainment costs because if yours are all static I’m being ripped off something chronic. I had to pay $6.00 for a bleeding cauliflower the other day! The Dow and other various stock markets certainly look like they are seeing the inflation I see and feel even if you believe it’s not there.

I agree the four trillion dollars of freshly printed money since 2008 and the US debt growth to twenty trillion dollars over the same time frame has not as yet caused Zimbabwe style inflation; however, to say the is no inflation at all is to me at least something of a reckless statement.

“Yes I am heavily short, and you will see gold is about to embark on a severe downturn...”

Excellent and many thanks for your thoughts and justification of your short position. I wonder if you will also be kind enough to give us a due date for the Gold price hitting US $1,100.00 just so we have an idea.

Kudos to you; the other Gold bears usually wait for a downward move in the Gold price to inform us they went short some time previously, it’s not often we see someone with your conviction it’s most refreshing!!!

Just for the record I am long on Gold physical and shares and quietly confident; however, it would be a very boring life if we all agreed on these things.

You sir are a breath of fresh air and I just hope the other Gold bears we have around here take note of your fine example!

That’s it shift over time sheet to fill out and then it’s Madeira time for Andy.

Cheers and very best regards: Andy