I agree it took Russell awhile to join 'us' in the deflation...

I agree it took Russell awhile to join 'us' in the deflation camp.He was bearish thru the bull and switched just as the bear started,but you have to respect the older guys who have seen 50 yrs of markets and cycles.

I suspect many HC posters have never lived thru a recession or a bear market.

They certainly wouldn't be buying or hanging onto the dross that many currently hold.

Now we just need Peter Schiff to join us and it will be a clean sweep.

Mish has been all over this deflation for ages and is going to be proven correct.