Someone tell me why?
Because they can. Because people are anticipating hyper inflation in the U.S. The idea as it goes is that they are pumping all this money in but it's not going anywhere. It's sitting on the banker's desk to bulk up their balance sheets. But the banks have to lend money to get the interest, we are told--(like they can't put the money Hanko bonds) So in the near future they will start lending and people will start buying again like rabid dogs and we'll have hyper inflation.
I'm not saying it won't happen that way, but I just don't believe it. It all seems too convenient like most an ambushes are.
IMO, America and Americans are "spent." We are seeing giants like GM close to flat-lining because they can't compete in the world today. We like to laugh at them but we're laughing at ourselves. We as a nation have been doing the same thing GM has been doing--not successfully competing and living beyond our means with an arrogant contempt for math and reality. We've been living off of credit and flanking the devil for the last 40 years. Well the devil's not stupid either and has all the flanking points covered now. IMO, it's pretty much over. All that's left is the whining and infantile temper tantrums. Which should lead to an interesting world, to say the least.
We focus too much, I think, on inflation and deflation. World-wide Civil wars, revolutions, rebellions, civil disorder/disobedience and a growing then rocketing underground economy, IMO, is what lays in wait and will do more for the price of metals, without any guessing. Even the socialists in the U.S are going to be pissed off. Going socialist only works when there's booty to steal. Corporate sach-bags already beat 'em to it. And with Americas aging population, Marxists won't even be able "squeeze the grease from our bones." Ha-ha, up yours, commies.
"And I'm spent." --Austin Powers
