Tuesday, January 8, 2008

Gold At $888/ounce. Stagflation Next?


Gold made it beyond $880/ounce today, its highest price ever, not accounting for inflation.

Yet there are signs that the economy is slowing.

Could a Jimmy Carter-esque late 1970's-style stagflation be far behind??

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5 Comments:

At January 10, 2008 at 10:59 PM, Anonymous Anonymous said...

Closed @ 891.3 today, high was 898.8.

Fed gonna keep on cuttin, bailing out those rich ass friends of his, further devaluing the dollar, housing prices will continue to correct HARD, rich white folks will be layin off poor and middle class folks of all races in a bid to hang on to multibillion profits, which ain't gonna happen when ppl can't even afford a loaf of $8 bread cus they got no jobs. Wage slave will find himself a non-wage slave, corpocracy will continue global dominance, american sheeple MIGHT wake up when facism is full blown across borders into the EU, europeans will wake up when the realize 'holy shit, their economy is closely tied to our own,' some asian countries will do all right (some will be as bumfucked as we are), israel won't give a shit, they're laughin all the way to the bank, and you'll be left thinking, 'god damn i wish i'd paid more attention to the zionist agenda.' Oh yeah, i hope you enjoy your poverty. ;)

 
At January 14, 2008 at 9:22 AM, Anonymous Anonymous said...

Hey axinar look whose back 2 of cincinati's most imfamous bloggers Nate Livingston and Nikki X and oh boy let the games begin! Read on and give us some feedback.

 
At January 14, 2008 at 5:33 PM, Anonymous Anonymous said...

Update your blog (with something of IMPORT). :(

 
At January 15, 2008 at 9:29 AM, Anonymous Anonymous said...

Conspiracynut? Yeah you are a nut. I'm not talking to you I'm talking to axinar who in the past blogged bout what Nate Livingston and Nikki X blogged about. So mind your own business.

 
At January 16, 2008 at 12:58 AM, Anonymous Anonymous said...

Do you feel like typing in authentic frontier gibberish or is that more plainly the way you talk everyday Mr. Conspiracynut?

You really need to quit hitting the pipe so hard and grow up.

 

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