Welcome To My Nightmare
by Captain Hook
Mon, 4 Oct 2010
So what’s all the hubbub about a nightmare? The charts are now confirming we are looking at significant inflation moving forward, and the price increases to go along with this, meaning we are staring down the barrel of an inflationary depression dead ahead. And make no mistakes about it; this will be a nightmare for the average citizen, literally wiping out the middle class financially in the process. First, via completive devaluations, monetizations, and the likes, the pace at which the cost of living will continue to shoot higher, which is what breaking out precious metals are signaling; and then, volatility in asset prices will reemerge, wiping out the savings of the average investor / pensioners going the other way (what the simple minded term deflation), leaving the masses increasingly in dire straits coming from both directions.
That’s right ladies and gentlemen, you had better get a grip on the concept set that inflation and deflation occupy the same space at the same time at present (A Quantum Physics Enigma), where some asset groups, like real estate, will continue to fall (evidenced here) because of previous excesses, and others will rise primarily due to what inflation really is (money printing), leading to a desire on the part of increasing numbers to escape the currency hyperinflation a collapsing economy will necessitate. Again, this is what gold and silver are signaling right now, and why they may finally return to the inflation adjusted nominal prices seen under the crisis circumstances at the turn in 1980, which would have gold up over $2300, and silver over $100 per ounce.