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Thursday, August 26, 2010

Inflation, Deflation, Market direction

Mish has an excellent well thought out article on inflation v deflation and other thoughts.
I didn't have enough time to read in full detail, and hopefully I can find the time to come back and comment.

Interestingly, Mish pretty much is in line with me and John Chinnock, but notice Mish does not touch on price of Gold/Silver.

From past readings, Mish is bullish on gold/silver, while being a huge deflationist.

So it will be interesting to see how this plays out.

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