GOLD 0.51% $1,391.7 gold futures

time for round 2 the drop to 630, page-45

  1. 4,545 Posts.
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    atlunch, you also need to do some better research, I've been reading your deflation rubbish over the last couple of weeks.

    Its a clasic head fake to give a whiff of deflation before a massive inflationary push by the fed, likely to start tonight.

    Look at the FDIC as one example, 100 banks on the watch list 50billion in funds, and 20bill already gone by indymac.

    They will need re funded too, the only way the fed can do this is to monitise the debt, which is inflation, not this deflation nonsence, then there's GM and Ford and GE and then the bond insurers, then the airlines, and on and on and on.

    You're an absolute fool not to have physical gold at present, if you think Oz is any better, check

    http://www.financialsense.com/economy/main.html

    bottom of the page, Oz m3 at 19% y/y.
 
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