deflation is a result of contraction of the money supply.......
we have more than doubled the Money supply in four months in the states... and around the world... hardly a deflationary environment.
we are seeing a lack of demand in all sectors this is what has caused a drop in asset prices....... this is a totally different scenario thatn deflation...
this will only make commodities rise faster once the world wide recession is over.....
hindreds of small miners have been axed as they are no longer profitable ....
once demand comes back you will see an even faster more ferocious spike in commodity prices.....
GOld to two thousand silver to 75 in two years time is my best guess.....
deflation is a result of contraction of the money...
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