Comments on: World Economy Faces Hyperinflation or Deflation? http://www.dailyreckoning.com.au/world-economy-faces-hyperinflation-or-deflation/2009/07/09/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 17:27:32 -0600 http://wordpress.org/?v=2.8 hourly 1 By: David http://www.dailyreckoning.com.au/world-economy-faces-hyperinflation-or-deflation/2009/07/09/comment-page-1/#comment-89818 David Mon, 20 Jul 2009 16:52:52 +0000 http://www.dailyreckoning.com.au/?p=6521#comment-89818 This clown has been calling for inflation since December of 2007.. How's that working out for ya chump? He also says cash will not be the best performing instrument over the next 10 years.. WOW.. dont go out on a limb on that one. You are just another schiester out there praying that no one looks up your previous calls.. You are a fool! Deflation is king! This clown has been calling for inflation since December of 2007.. How's that working out for ya chump? He also says cash will not be the best performing instrument over the next 10 years.. WOW.. dont go out on a limb on that one. You are just another schiester out there praying that no one looks up your previous calls.. You are a fool! Deflation is king!

]]> By: Dan http://www.dailyreckoning.com.au/world-economy-faces-hyperinflation-or-deflation/2009/07/09/comment-page-1/#comment-88486 Dan Fri, 10 Jul 2009 04:29:11 +0000 http://www.dailyreckoning.com.au/?p=6521#comment-88486 Gold as a hedge in that scenario is only for the short term, though, Nik - maybe for six months after the event at most. After that time, people will go back to being paid and trade with whatever they trade with, and I doubt it will be gold. It might be IMF credits or some other abomination dressed up as money, but if you have no debts, and can make stuff (or own a company that makes stuff) people need or do necessary things for people, you'll pull through. Gold as a hedge in that scenario is only for the short term, though, Nik - maybe for six months after the event at most. After that time, people will go back to being paid and trade with whatever they trade with, and I doubt it will be gold. It might be IMF credits or some other abomination dressed up as money, but if you have no debts, and can make stuff (or own a company that makes stuff) people need or do necessary things for people, you'll pull through.

]]> By: Nik http://www.dailyreckoning.com.au/world-economy-faces-hyperinflation-or-deflation/2009/07/09/comment-page-1/#comment-88421 Nik Thu, 09 Jul 2009 23:28:03 +0000 http://www.dailyreckoning.com.au/?p=6521#comment-88421 Hyperinflation or deflation? that is the question, however, when the US debt is at 11.5 Trillion, and the interest for 2008 was $452 Billion, and when China are requsting a new trading currency change. I really don't see much of a recovery for America. In fact, the USD is not backed by anything but debt! So to battle their negative growth (deflation) by printing more money (inflation) will soon spiral out of control. Instead, i believe inflation will hit a point where America will be forced to (re)denominate their currency like their "Continental" back in 1775. Imagine what would happen in the world economy if that happens, considering 70% of the world is backed by the USD. The only immediate safe investment now is holding physical gold and silver. Not even for investment, but to hedge yourself against whats coming and to be able to put food on the table for your family with what is deemed "real money". Hyperinflation or deflation? that is the question, however, when the US debt is at 11.5 Trillion, and the interest for 2008 was $452 Billion, and when China are requsting a new trading currency change. I really don't see much of a recovery for America. In fact, the USD is not backed by anything but debt! So to battle their negative growth (deflation) by printing more money (inflation) will soon spiral out of control.

Instead, i believe inflation will hit a point where America will be forced to (re)denominate their currency like their "Continental" back in 1775.

Imagine what would happen in the world economy if that happens, considering 70% of the world is backed by the USD.

The only immediate safe investment now is holding physical gold and silver. Not even for investment, but to hedge yourself against whats coming and to be able to put food on the table for your family with what is deemed "real money".

]]> By: Jack http://www.dailyreckoning.com.au/world-economy-faces-hyperinflation-or-deflation/2009/07/09/comment-page-1/#comment-88411 Jack Thu, 09 Jul 2009 22:45:39 +0000 http://www.dailyreckoning.com.au/?p=6521#comment-88411 The author is assuming he will know exactly when the markets will pull back. Encouraging people to do this is very risky, as if they don't get the timing right - they will be left with worthless US treasuries... Pretty dissapointing reading it on THIS website The author is assuming he will know exactly when the markets will pull back. Encouraging people to do this is very risky, as if they don't get the timing right - they will be left with worthless US treasuries...
Pretty dissapointing reading it on THIS website

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