tag:blogger.com,1999:blog-27697009.post115621958751982114..comments2024-02-29T03:21:35.007-08:00Comments on The Great Depression of 2006 : Deflation or Inflation?Jim in San Marcoshttp://www.blogger.com/profile/09435296419912935381noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-27697009.post-1157468353034204502006-09-05T07:59:00.000-07:002006-09-05T07:59:00.000-07:00If one were to say that there is a deflation in as...If one were to say that there is a deflation in asset prices relative to goods and services, then this would be technically accurate. <BR/><BR/>Right now, it's not so much that commodities are in a bull market than it is that the current global fiat currency system is in a bear market; i.e. a bubble that has already popped in which the current implosion in purchasing power is still in progress.<BR/><BR/>The gold to real estate, gold to DJIA, and gold to oil ratio charts all seem to indicate that this is the case.<BR/><BR/><A HREF="http://www.investmenttools.com/futures/metals/welcome_to_the_page_about_gold.htm" REL="nofollow">[Link]</A><BR/><BR/>Also, all the world fiat currencies are depreciating with respect to gold, as well.<BR/><BR/><A HREF="http://www.goldmoney.com/en/chartindex.php" REL="nofollow">[Link]</A><BR/><BR/>This phenomenon has been in progress for over five years now and is in all likelihood going to continue for many more years to come (IMHO).bubble_watcherhttps://www.blogger.com/profile/09754629981220575364noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-1156824203076915992006-08-28T21:03:00.000-07:002006-08-28T21:03:00.000-07:00Bubble WatcherHmmmm--Sounds like your saying that ...Bubble Watcher<BR/><BR/>Hmmmm--Sounds like your saying that our "Creature Comforts," standard of living is going to TANK.<BR/><BR/>It sounds like the most logical of solutions. I think you are right.<BR/><BR/>I'm bothered by the fact, that if wages start to rise, they might not stop rising.Jim in San Marcoshttps://www.blogger.com/profile/09435296419912935381noreply@blogger.comtag:blogger.com,1999:blog-27697009.post-1156801118141614312006-08-28T14:38:00.000-07:002006-08-28T14:38:00.000-07:00Deflation or Inflation?Both. Deflation of assets a...<I>Deflation or Inflation?</I><BR/><BR/>Both. Deflation of assets and an inflation of goods and services in which wages fail to keep up.bubble_watcherhttps://www.blogger.com/profile/09754629981220575364noreply@blogger.com