More on Gold

[solarcurve]

Originally Posted by Dismal Science

They need to call the next one - Operation Hyperinflation

We did Tarp, QE1, QE2, Operation Twist, Operation Twist 2 and still CPI remains below the Fed's 2% target. Seems that you actually can print trillions of dollars for years on end and create negligible inflation. All is well.

[FormLetter]

Originally Posted by solarcurve

We did Tarp, QE1, QE2, Operation Twist, Operation Twist 2 and still CPI remains below the Fed's 2% target. Seems that you actually can print trillions of dollars for years on end and create negligible inflation. All is well.

More than one thing can happen at the same time.

lending down ==> money supply down
printing money up ==> money supply up

do both ==> ???

[Johnny Deformed]

= party for the people who print money

[FormLetter]

Gold $1,772.60
Silver $34.58

[FormLetter]

Originally Posted by FormLetter

I don't know if I want this thread to reach 12 pages or not.

Way beyond that now.

full disclosure: I use the 25 posts/page setting

[DixieFlyer]

Originally Posted by solarcurve

We did Tarp, QE1, QE2, Operation Twist, Operation Twist 2 and still CPI remains below the Fed's 2% target. Seems that you actually can print trillions of dollars for years on end and create negligible inflation. All is well.

how do you define inflation?

[FormLetter]

He's using "an increase in the general price level", whereas you would probably use "an increase in the money supply".

[ElDucky]

Inflation is the USAs main export.

[IMP]

maybe it's time to sell my gold. all the old jewelry i used to wear in high school and college. rings, earrings, necklaces, bracelets. surely a mixture from 10k to 24k. well, maybe not 24k, definitely some 18k.

so what happens to the stones that are in some of the pieces?

[FormLetter]

If it is a jeweler that buys the jewelry, they probably keep the stones and use them in new products. If it isn't, then the buyer probably turns around and sells them to a jeweler.