The Great Depression

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« 40 Years Later, 1973 = 2013 | Main | Growth Stuck at 2% »

April 30, 2013

Comments

Farley

Take a look at the USDollar today.

I think they're doing this to try to prevent the markets from crashing.

Of course, it takes MORE money away from the consumer since a falling USDollar makes things more expensive.

I would think they can only go so far.

Then what, an Overnight-Market-Correction? ... (like they did with the Metals-n-Miners).

Just Thinking Out-Loud.

Neil Master

I concur with Farley. It is the only explanation. While production is up, there are more dollars floating around, driving prices up each day. The Precious Metals crash was a temporary phenomenon. Witness the reaction by the physical market and the latest CoT, with a huge move to the most bullish position in ages. Inflation is here to stay, no matter what the capital markets do.

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