gold heading for $ 300, page-22

Spiderman...a particularly savage and uncalled for reply; obviously a papershuffler.

See if you can follow a REAL world analogy.....I have fixed costs on my pizza shop that I have to pay every month. If sales drop off (read: consumer demand); I will LOWER (deflation) my prices to stimulate sales, so I can at least breakeven.

Now, the USD has strengthened greatly in value; imports will be cheaper; Retailers (70% of USA GDP) will be able to lower (deflation) retail prices. Demand has / will tank in 2009, the incentive will be to drop prices (deflation) to try and stimulate sales.

The American consumer is so knocked about with falling housing prices; foreclosures, unemployement, wealth destruction, that those trillions of dollars will have little affect on demand. If there is no demand there will be no inflation.

Gold goes to $300. Can't help it if your wet behind the ears.

Cheers. Skip P.S. be proud of your success, it comes through hard work.