Mish says "Italy heading into massive Recession"

NumbersUsacom

Go here for the rest of the story. Text

With our latest GDP# being almost certainly downgraded, and other countries such as china slowing doen't this put downward pressure on the metals market
just from a " I don't have as much fiat to buy my gold and silver" ?

secondrepublic

yes -- or it could be the opposite -- as governments print to avoid deflation

NumbersUsacom

<< <i>yes -- or it could be the opposite -- as governments print to avoid deflation >>



Good point, which one is usually the case in a recessionary situation ?, more asset aquisition or more retrenchment or could i throw in reallocation

cupronik

Gee's and I thought you were talking about Robert Mish.

ebaytrader

<< <i>yes -- or it could be the opposite -- as governments print to avoid deflation >>




As many countries have previously suffered thru bouts of inflation, many have become risk adverse to inflation and will willingly suffer thru deflation. Germany comes to mind. Also, keep in mind that most industrialized countries have VAT taxes on silver that virtually preclude physical ownership.

ksammut

Has all of the world's major countries been in this much debt before? They may come to a decision that they have no choice but to monetarily inflate themselves out of this mess. Not saying that is the right choice but it may be the route they will go. If so, PMs will do very well. That is my bet.

johnny9434

what do you mean, we have plenty of paper to print more money. no wait.............