is it just me or elliott wave starting to seem like nonsense.
if you look at only the nominal prices of commodities or anything you can't see capital flows and other things.
40% drop in silver yeah ofcourse,silver has a large industrial uses that will slow. but so will production.
and the drop is also compounded by a temporary bear rally in the US$ from the end of the $carry trade and a US government 160 million Oz naked short of the metal.
Agreed and the concentrated commerical shorts did a nice little number on Silver via taking on Bear Stearns hedge book and fed will guarentee future losses on that book.
Check out the deliveries happening on Comex very few commentators/guru will tell anything about the Crimex (its currently getting raided)
Yes people, deflation can't take place for a significant length of time with our dollar. It makes me laugh when people think that it will. How do you think the US will possibly pay off the interest on it's debt? The money supply will HAVE to increase or the dollar will be worthless, which is essentially the same result as hyperinflation. The dollar is doomed, but inflating the money supply will make it last longer.
it is debt deflation. the US government will not allow the US dollar to become more stronger that will mean the foreign reserves and debt will be harder to pay off. all fiat are backed by nothing so government will simply print it and give it away if everything else fails.
US MUST devalue it's currency to inflate the debt away for pay the debt off.
if GDP falls they will not be able to pay it off(without printing money).
what will happen in Australia is what i want to know!
i'm confused can anyone tell me why deflation, in the long run won't it be inflation that is the problem through money creation by the federal reserve, not to mention 0% intrest rates, not saying deflation is wrong just don't understand
"How can there be a deflation when the government is printing so much money?"
Right now the Banks are hoarding the money and haven't begun lending yet. This money has not really flowed into the economy yet. There are also deflationary pressures such as lack of demand. Spending has slowed considerably. This excess money supply can become a problem down the road, but it looks like deflation is here for the short term anyway.
this elliot trend analysis is generally the same as the gann analysis which says flat growth for commodities for the next three years,but by the looks of it most of our governments are pouring money into our economies which indicates divergence between trend and fundamentals for now.
I guess we will find out if the government printing presses can keep up with or out pace this recession. I seems like this the consensus is to inflate our way out these problems. At least the poor will be able to pay off their loans with cheap currency...
These guys are smart, and they always sound wrong until you look back on what they said. Like in '78 when they predicted a huge bull run.
horny4Utube 2 years ago
is it just me or elliott wave starting to seem like nonsense.
if you look at only the nominal prices of commodities or anything you can't see capital flows and other things.
40% drop in silver yeah ofcourse,silver has a large industrial uses that will slow. but so will production.
and the drop is also compounded by a temporary bear rally in the US$ from the end of the $carry trade and a US government 160 million Oz naked short of the metal.
where does that fit in to your 'analysis'.
Decebal825 3 years ago
Agreed and the concentrated commerical shorts did a nice little number on Silver via taking on Bear Stearns hedge book and fed will guarentee future losses on that book.
Check out the deliveries happening on Comex very few commentators/guru will tell anything about the Crimex (its currently getting raided)
meltdown2011D0Tcom
TodMcInerney 3 years ago
Yes, it's just you.
TYX91101 2 years ago
Fundamentals don´t move price, feedback loops in buying and selling volumes do.
ludosophist 2 years ago
@Decebal825
Yes, it's you.
TYX91101 1 year ago
Yes people, deflation can't take place for a significant length of time with our dollar. It makes me laugh when people think that it will. How do you think the US will possibly pay off the interest on it's debt? The money supply will HAVE to increase or the dollar will be worthless, which is essentially the same result as hyperinflation. The dollar is doomed, but inflating the money supply will make it last longer.
MelodicNightmare 3 years ago
Comment removed
marky1333 3 years ago
it is debt deflation. the US government will not allow the US dollar to become more stronger that will mean the foreign reserves and debt will be harder to pay off. all fiat are backed by nothing so government will simply print it and give it away if everything else fails.
US MUST devalue it's currency to inflate the debt away for pay the debt off.
if GDP falls they will not be able to pay it off(without printing money).
what will happen in Australia is what i want to know!
Decebal825 3 years ago
i'm confused can anyone tell me why deflation, in the long run won't it be inflation that is the problem through money creation by the federal reserve, not to mention 0% intrest rates, not saying deflation is wrong just don't understand
cyalaterthan 3 years ago
Comment removed
marky1333 3 years ago
Comment removed
marky1333 3 years ago
Oh yeah! forgot today the DOW is at an 11 year low the RE market is at a 3 year low
take yer pick
anyname666 3 years ago
If you are not in yet stay out of the F'n stock market
Buy real estate and live on the rents
you do not care if the RE market goes up and down as long as you collect rents. Over time the RE market always goes up
Stocks on the other hand go out of Bis or file for BK
TWA is BK but the buildings they were in are still being rented out
anyname666 3 years ago
charts from 2007
BlueSkies360 3 years ago
How can there be a deflation when the government is printing so much money?
StorminNormin1977 3 years ago
"How can there be a deflation when the government is printing so much money?"
Right now the Banks are hoarding the money and haven't begun lending yet. This money has not really flowed into the economy yet. There are also deflationary pressures such as lack of demand. Spending has slowed considerably. This excess money supply can become a problem down the road, but it looks like deflation is here for the short term anyway.
jrigeli 3 years ago 2
And all attempts at inflation are being far outpaced by a global deflation in debt, stocks assets across the board except cash.
grimesgw 3 years ago
Simply because investment and spending has come to a stop.
mongobobo 3 years ago
this elliot trend analysis is generally the same as the gann analysis which says flat growth for commodities for the next three years,but by the looks of it most of our governments are pouring money into our economies which indicates divergence between trend and fundamentals for now.
mattflowmofo 3 years ago
I guess we will find out if the government printing presses can keep up with or out pace this recession. I seems like this the consensus is to inflate our way out these problems. At least the poor will be able to pay off their loans with cheap currency...
mcnoodles76 3 years ago