patrick.net

As long as central banks exist there will NEVER be a deflationary collapse, just an inflationary one

smaulgld says

What ever happens won't be because of the market determining events but rather incessant massive interference by central banks to create inflation.

Yup

smaulgld says

As long as central banks exist there will NEVER be a deflationary collapse, just an inflationary one

If they are able...

The credit market is 60 trillion the money supply is 12 trillion. They have printed 4 trillion as massive as that is it is 6% of the two combined. Point is that it could get away from them...

Of course it can get away from them but they can print a lot easier than raising rates
A debt laden system based entirely on credit cant raise rates without an entire collapse
Central banks will always choose to inflate away

There is a reason they have an inflation target instead of a deflation target as no amount of deflation is acceptable to central banks

smaulgld says

Of course it can get away from them

The current situation is not always...

smaulgld says

but they can print a lot easier than raising rates

Yup

smaulgld says

A debt laden system based entirely on credit cant raise rates without an entire collapse

If inflation really gets going they will not have a choice.

smaulgld says

Central banks will always choose to inflate away

Which is why I vote for honest money after the collapse. Which will come sooner than later.

In the mean time bet on inflation

http://smaulgld.com/negative-interest-rates-and-janet-yellen/
And dont forget greenspans we can always print money

Unfortnately it doesnt require an anaysis
You just have to know central bank mentality around the world is anti deflationary
They will create inflation no matter what distortions result

smaulgld says

Unfortnately it doesnt require an anaysis

You just have to know central bank mentality around the world is anti deflationary

They will create inflation no matter what distortions result

What do you think about the emerging Chinese (Russian?) gold exchange? I certainly do not appreciate the power that exchanges have in the world. Your comments?

Blurtman says

smaulgld says

Unfortnately it doesnt require an anaysis

You just have to know central bank mentality around the world is anti deflationary

They will create inflation no matter what distortions result

What do you think about the emerging Chinese (Russian?) gold exchange? I certainly do not appreciate the power that exchanges have in the world. Your comments?

Russia and China are all that stand in the way of 100%manipulation. Unfortunately, they if they had the chance would do the same:

http://smaulgld.com/rise-shanghai-gold-exchange/

https://smaulgld.com/china-boosts-silver-production-domestic-use/

http://smaulgld.com/russia-adds-gold-reserves-july/

The Professor says

smaulgld says

100%manipulation

What is the percentage manipulation now?

I keep hearing about the paper price of PM being manipulated but where is the manipulation if I can still buy physical at the paper spot plus a premium?

The price is manipulated downward via naked short selling of contracts:
Here is a two part series I did that explains it:

Part 1 https://smaulgld.com/gold-silver-price-manipulation/

Part 2 https://smaulgld.com/gold-silver-manipulation/

The only reason paper and physical cost the same is so that the real stuff can be leveraged against to the greatest extent the market will bear, but the hardcore bugs don't feel that way. Neither do the Chinese. Neither do I.

deepcgi says

The only reason paper and physical cost the same is so that the real stuff can be leveraged against to the greatest extent the market will bear, but the hardcore bugs don't feel that way. Neither do the Chinese. Neither do I.

Gold and silver and manipulation has gone on for hundreds of years. Gold was fixed at $35 an ounce from 1934-1971

Gold and silver are competition to the fiat currencies, so fiat currencies are used to suppress their prices.

The Professor says

For how long?

Up until the point that the mutts say the king is buck naked...

indigenous says

The Professor says

For how long?

Up until the point that the mutts say the king is buck naked...

Or until physical demand overwhelms paper shorts

smaulgld says

Or until physical demand overwhelms paper shorts

Same difference

Central bank in battle against deflation

U.S. sees Europe deflation risk, plans G20 bid to boost global demand

http://uk.mobile.reuters.com/article/idUKKBN0H72HR20140912?irpc=932

Nothing new but a new article by schiff re
Central banks attack on deflation
http://www.lewrockwell.com/2014/09/peter-schiff/get-ready-for-runaway-inflation/