Robert R. Prechter: "Deflation is coming"

http://www.tradingfives.com/blog/ CPI fell for first time since 1982 despite massive Federal spending. The Fed has purchased/guaranteed $trillions of mortgages and cannot print more money. Deflation is here now. Will deflation be good or bad for your stash of cash? What about gold, real estate, stocks?

Category:

News & Politics

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• Robert R. Prechter
• deflation

[rolficus]

fed reserve prefers inflation because they know china will peg its $ to the weakening us $ and thus taking on US debt -you can see the high inflation in china now as a result . High inflation easier to control than deflation but as for the direction we are heading no one knows only the fed .robert believes that the us fed cannot not or wont be able to monotize any more debt and that any more printing of money will stop but the fed has recently bought 600 billion in bonds! he may be wrong .

[88888FORCE]

Robert R. Prechter: "Deflation is coming"

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[dannydarias1]

@orangedac Of course there is a limit. It's call dollar collapse limit. They can print as long as the dollar does not collapse. If it collapses, the printing is finished. Just remember that the fed's power rests all with the ability to print money on the behalf of US government. Without that power, they are worthless. What will they do with the printed money.. give it to the banks again? It is useless at this point my friend. People are sick of it and the money will NOT make it to the economy.

[orangedac]

@dannydarias1

what is the limits to fed printing ?

i think they can keep asset prices high indefinately just by ripping off savers with 0% interest rates, printing and monetizing debt. This is the greatest downturn since the great depression yet cost of living is not going down but continues going up.

i think they are printing like hell and will continue to do so and i see no limit to it.

[dannydarias1]

@407buddy Definitely great sites. Check Mish Shedlock too. He is also great. Be save dude.

[dannydarias1]

@jayangli They are 2 different animals. Jim Rogers is a very successful investor, Robert Prechter has done research on market psychology (elliot wave theory). Jim is more interested in the direction of a certain stock while Bob is more interested in the direction of the markets. People have a misconception about Rogers. No everything he says in TV is true or even correct. In other words, he may be telling you to buy gold, while he is selling it. How else can he be so successful?

[jayangli]

@dannydarias1 is this guy better than jim rogers

[dannydarias1]

@jayangli This time Obama will not be able to pass any bailouts (I sure hope this is the case) and we will drop into the recession very quickly. It's end game. If the government does not pass more bailouts and cuts spending we may get over this quicker. If not, who knows how long this lasts.

[jayangli]

@dannydarias1 I thought we are in recession. Am sure we are. The U.S is in over 13trillion of debt.

[dannydarias1]

@jayangli I could be wrong but I think until some time in 2012. We should be in a recession right now, it's just that is not public yet.