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Correction - a delay in position limits

Posted By Philinje On 16/12/2010 @ 05:20 pm In Gold | No Comments

In this Reuters article it looks like there is a clear indication from Gensler that the mid-Jan deadline won’t be met. Interestingly, there seems to be a lot of noise about taking time to review the limits and taking action after a public hearing period of 60 days.

[1] http://www.reuters.com/article/idUSN1515374920101215?pageNumber=1

This GATA article is interesting because it shows how little the world understands about what Central Banks are really up to. The Russian bank official cited in this article and the speech he gave is eye-opening stuff. What a world we live in!

[2] http://www.gata.org/node/9428

Finally, here is the standard argument for hyper-inflation, with a non-standard reason - the incredible shrinking of money supply that started in 2009. John Williams of Shadowstats is the guy who tracks real inflation vs. government fictions. The point is that this indicator - shrinking money supply - is a sure sign of the second dip now being revealed. We’ll see, but this guy is highly respected. Also note the inflation-adjusted peak numbers for gold and silver, using both current CPI inflation and real inflation.

[3] http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/12/15_John_Williams_-_Massive_Selling_of_US_Currency_Lies_Ahead.html


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URLs in this post:
[1] http://www.reuters.com/article/idUSN1515374920101215?pageNumber=1: http://www.reuters.com/article/idUSN1515374920101215?pageNumber=1
[2] http://www.gata.org/node/9428: http://www.gata.org/node/9428
[3] http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/12/15_John_Williams_-_Massive_Selling_of_US_Currency_Lies_Ahead.html: http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2010/12/15_John_Will
iams_-_Massive_Selling_of_US_Currency_Lies_Ahead.html

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