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To: Mariner
I expect to see silver sub $10/oz and gold sub $600/oz within the next three to five years, or sooner.

Commodity prices will not perform well in the depths of the deflationary depression that is here, and will be getting much, much worse.

11 posted on 12/14/2011 2:08:09 PM PST by politicket (1 1/2 million attended Obama's coronation - only 14 missed work!)
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To: politicket

problwm with that is that our government and fed. reserve won’t allow deflation to get that out of control. this sell off is a result of election uncertainty and a correction resulting from previously anticipated inflation that was previously figured into the price. the problem is, investors are now anticipating deflation which can quickly spiral out of control as people hunt for deeper bottoms. you’ll notice, btw, stocks aren’t fareing much better. that is significant imho.


44 posted on 12/15/2011 10:57:00 PM PST by RC one (Newt is the last anti-Romney firewall.)
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