Wholesale PPI Deflates

[errolanderson]

U.S. wholesale producer price index for
March released at 6:30 this morning
shows a 0.4% drop. Largest weakness in
retail and electronics. To us, this is
an indication of further deflationary
pressures ahead.

Precious metals are getting hammered as
a result plus thoughts that QE3 will
slow or end by year end.

An observation but, if Big Ben's phony
money printing spree can't inflate
markets . . . are markets setting up for
a crash? U.S. Fed is now under huge
pressure to slow QE as the Fed's balance
sheet is ballooning to absurd levels.

buckle in . . . .

[jensend]

Looks like gold agrees with you.

[sumdumguy]

Gold on kitco freefalling. Deflation Cotton,
Deflation.

[Kodiak]

Gold, silver, crude, gasoline collapsing. Bonds skyrocketing/falling interest rates. Stock indexes not moving much at all.

Grains strong in the face of all this turmoil.

Where are all the former correlations? Nothing is making sense.

What does all this mean? In the short term? In the long term?

[tmyrfield]

Keep it real!
Gold dropping but just paper you want to own and
hold the shiny stuff.
Property that produces food, energy, real stuff will
always be valuable.
Keep family close , we all know how to live off land,
that's valuable. Remember how to protect yourself
and loved ones.
You'll do fine believing in yourself and ignoring what
the experts say, its tough I know going against the
flow trust what is real.
Wine talking, 30 days from even thinking of putting
a crop in. Our ancestors could teach us a thing our
two about surviving and not relying on some
nebulous government helping when its far too late.

[tmyrfield]

Keep it real!
Gold dropping but just paper you want to own and
hold the shiny stuff.
Property that produces food, energy, real stuff will
always be valuable.
Keep family close , we all know how to live off land,
that's valuable. Remember how to protect yourself
and loved ones.
You'll do fine believing in yourself and ignoring what
the experts say, its tough I know going against the
flow trust what is real.
Wine talking, 30 days from even thinking of putting
a crop in. Our ancestors could teach us a thing our
two about surviving and not relying on some
nebulous government helping when its far too late.

[cottonpicken]

Lol,please please please,go to the bank,order a 1
ounce gold coin,yes the canadain mint makes
them,hold it in your hand,in the other hand hold a
stack of paper.

If you still want to tell me i'm wrong,fine.

[tipsy]

did I hear right, gold drop $80.00 an oz yesterday???

[charliep]

Here are the nearby and monthly gold chart.

[URL="http://www.farms.com/markets/?page=chart&sym=GCM13"]June Gold[/URL]

<a href="http://www.farms.com/markets/?page=chart&sym=GCM13&domain=farms&dis play_ice=1&studies=Volume;&cancelstudy=&am p;a=M">Monthly Gold</a>

[cottonpicken]

For some reason i always think of this movie scene
and the gold market,in a metaphorical way.

http://www.youtube.com/watch?v=H_lijLYuw-o


"there,now you cant buy any"-always pops in my
mind