________________________________ From: "123hop at comcast.net" <123hop at comcast.net> To: lbo-talk at lbo-talk.org Sent: Thu, April 21, 2011 6:03:37 PM Subject: Re: [lbo-talk] Gold: the next bubble
Yeah and, call me naive, but I dont' see how inflation is a threat when no one has any disposable income except the upper 5%.
----- Original Message ----- From: "Doug Henwood" <dhenwood at panix.com>
On Apr 21, 2011, at 5:56 PM, 123hop at comcast.net wrote:
> Talk of gold going to 5000/oz. And discussion of how this would be the result
> But I don't see inflation. I see a deflationary spiral, reflecting the race to
> So, if it's not inflation related, it would just be the next bubble, yes?
The whole commodity complex looks to be in a bubble. There's no fundamental reason why oil should be $112 either.
If inflation is such a threat, why are 10-year TIPS priced for an inflation rate of 2.6%?
Doug ___________________________________ http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk ___________________________________ http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk