target 32.50, page-33

ncm's down because the allure of gold is down...deflation rather than inflation is the immediate threat..despite massive injections of liqudity by central banks prices are falling...

conclusion?...governments can't create inflation or bring back the good old days of easy money...too many people and companies are too far in debt to take on any more..

if this was an old fashioned recession, prices would be rising by now...they aren't...

conclusion?...maybe this is a depression, one that will last until new economic models can be created...how long will that take?