Directors buying shares, page-24

i wouldnt refer to those posts as trolling - except perhaps the part re pms getting smashed - word choice is instructive

reads more like an appraisal of possibilities

one has to accept there's a risk that everything does go pear shaped for ever investment thesis

but the odds, history and charts say either aggregate demand bust or good demand inflationary boom - gold/silver storm and perform

what PMs hate is 'normal' - low and falling US debt/gdp, high per capita productivity = ability to raise interest rates without much slowing in gdp - that is PM kryptonite

get an aggregate demand bust now - US debt/gdp goes from 128% to 150% in a heartbeat purely due the fall in GDP + tax receipts then add the current account deficit going much higher

USD would get a big as a safety bet - but more money would flow to gold and so silver because its no longer a safe bet on trend due fast deteriorating underpinning

people keep calling them deflationary busts - it and they are wrong to do so.

they are linking inflation to aggregate demand - which isnt always linked.

otherwise you could never get hyperinflationary busts like Venezuela