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  1. #1
    Charter Member
    us
    Jan 2010
    Prudhoe Bay, AK
    1,090
    7 times

    Concerns over Inflation

    Just read an excellent article about inflation and QE. The link is below but goes on to describe how inflation is not knocking
    on our door (yet) and how it will be handled if it does. Unemployment is still the key to everything which is tied to the three
    periods in time where Inflation was rampant.

    http://finance.fortune.cnn.com/2010/...ation-hawks-0/

    The dollar is gaining ground on the Euro yet Silver, and now Gold, is still on its way up. Seems that this contradicts
    more than one point of view on the rising cost of not only our favorite PM, Silver, but all of the PMs as well.

    The article above came from the Clinton News Network but seems to echo what I have read on all
    the other major news sites as well.

    [R.I.P. Rich Hartford - Champion CRH of All Time]

  2. #2

    Oct 2004
    N. San Diego area (Pic of my two best 'finds')
    Minelab Explorer
    6,897
    16 times
    All Types Of Treasure Hunting
    Honorable Mentions (2)

    Re: Concerns over Inflation

    IMHO, unemployment is just the 'effect'; the current cause is lack of consumer confidence to restart buying at a higher level. This reluctance to buy shows up in dismal sales figures and proprietors' reluctance to rehire or create new jobs. And those who do gain some discretionary funds are now being more conservative and are either paying off debt or increasing their savings for the next 'rainy day'. Add the unemployed, the underemployed and 100,000 foreclosures a month into this mix and how could anyone be very concerned about inflation today?
    Don.......

  3. #3
    Charter Member
    us
    da book worm--researcher

    Feb 2007
    callahan,fl
    delta 4000 / ace 250 - used BH and many others too
    13,090
    18 times
    Honorable Mentions (1)

    Re: Concerns over Inflation

    the true unemployment numbers are much higher than stated --- since by the NEW govt accounting methods -- your only "unemployed" if your drawing unemployment benefits from the govt -- once your benefits give out --your not counted as "unemployed" anymore ( neat trick huh?) ---so that 10 % "unemployment" rate is only the ones currently ON GOVT unemployment benefits --those whos benefits have run out but are still unemployed are NOT counted --thus the REAL UNEMPLOYMENT RATE IS MUCH HIGHER THAN THE STATED RATE .

    at 12 1/2 percent unemployment -- 1 out of every 8 americans is out of work -- brother thats not a recession --its a frickin depression and its going to get much worse due to run away govt spending --you can not just try to spend your way out of a depression --- putting out floods of money cause hyper inflation over time (the money becomes basically worthless)--its been tried before by both germany in the 1920's and mexico in the late 1980's /early 1990's -- in the end they had to "revalue" their moneys in both countries to correct matters

    insanity --doing the same exact fiscal plan thing all over again --but expecting differant end results to occur *

  4. #4
    Charter Member
    For that special someone. Can ya diggit?

    Dec 2008
    10,693
    6 times
    All Types Of Treasure Hunting

    Re: Concerns over Inflation

    Quote Originally Posted by ivan salis
    the true unemployment numbers are much higher than stated --- since by the NEW govt accounting methods -- your only "unemployed" if your drawing unemployment benefits from the govt -- once your benefits give out --your not counted as "unemployed" anymore ( neat trick huh?) ---so that 10 % "unemployment" rate is only the ones currently ON GOVT unemployment benefits --those whos benefits have run out but are still unemployed are NOT counted --thus the REAL UNEMPLOYMENT RATE IS MUCH HIGHER THAN THE STATED RATE .
    Right you are.

    Then add in the number of self-employed that are out work, they pay in but are not allowed to collect if without work, so they won't show. There are a lot of small business owners that fall into this category right now.

    Further, add in those that are now under-employed. Again, we are looking at a lot of self-employed folks that perhaps are getting 20 hours or so of work per week.

    It wouldn't surprise me if the real figure was twice the reported figures we see.

  5. #5

    Oct 2004
    N. San Diego area (Pic of my two best 'finds')
    Minelab Explorer
    6,897
    16 times
    All Types Of Treasure Hunting
    Honorable Mentions (2)

    Re: Concerns over Inflation

    Couldn't agree with you more.
    Then we might also consider the 100,000 per month that are attaining working age--but are not included in any government unemployment stats--to my knowledge. When these unemployed, underemployed, etc. are totaled, it wouldn't surprise me if the number is nearer 30% than 10%.
    Don....

  6. #6
    us
    Oct 2009
    973
    2 times

    Re: Concerns over Inflation

    Sending jobs overseas ,cafta , nafta and letting in millions of illegal aliens also has a lot to do with unemployment.

  7. #7

    Feb 2008
    Texas
    Minelab SN/XS
    369

    Re: Concerns over Inflation

    Quote Originally Posted by FreedomUIC
    Just read an excellent article about inflation and QE. The link is below but goes on to describe how inflation is not knocking
    on our door (yet) and how it will be handled if it does. Unemployment is still the key to everything which is tied to the three
    periods in time where Inflation was rampant.

    http://finance.fortune.cnn.com/2010/...ation-hawks-0/

    The dollar is gaining ground on the Euro yet Silver, and now Gold, is still on its way up. Seems that this contradicts
    more than one point of view on the rising cost of not only our favorite PM, Silver, but all of the PMs as well.

    The article above came from the Clinton News Network but seems to echo what I have read on all
    the other major news sites as well.

    This perspective will put a twist in your shorts...

    Back to Doom and Gloom if you believe it, and if it is to arrive within 12 months...

    http://www.stansberryresearch.com/pr...VD/LPSILC74/PR


 

 

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