Deflation: Falling Fannie, Freddie, Silver, Gold, Corn, Wheat Confirm Deflationary Outlook - Prechter on Bloomberg - August 08

http://www.elliottwave.com/wave/youtube
Robert Prechter on Bloomberg August 08

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[TYX91101]

@Decebal825

Yes, it's you.

[ludosophist]

Fundamentals don´t move price, feedback loops in buying and selling volumes do.

[horny4Utube]

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.

[TYX91101]

Yes, it's just you.

[TodMcInerney]

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

[Decebal825]

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'.

[MelodicNightmare]

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.

[Decebal825]

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!

[cyalaterthan]

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

[mongobobo]

Simply because investment and spending has come to a stop.