People are saving, not spending or “consuming.” There is a tightening of credit occurring as consumers and businesses aren’t borrowing as they try to stay afloat. Add to this dynamic the fact that banks aren’t lending and we have the perfect credit contraction deflation storm.
Read More0May
20
2010
May
20
2010
Gold Will Struggle To Maintain Its Trend; Is Deflation a Concern?
By: Doug Eberhardt
Category: Gold
Tags: Deflation, EURO, Gold, Gold Investing, HUI, Inflation, U.S. Dollar
May
16
2010
May
12
2010
May
6
2010
May
4
2010
Apr
28
2010
Apr
27
2010
Do You Buy Real Estate Now or Wait? Part 2/3
By: Doug Eberhardt
Category: Gold
Tags: Austrian Economics, Baby Boomers, Bank Lending, Buy Real Esttate, Consumer Sentiment, Declining Wages, Federal Reserve, GDP, Government Spending, Household Debt, housing bubble, Housing Market, Inflation, Interest rates, Japanese Real Estate Market, Orange County California, REIT's, Retirement Planning, Robert Schiller, U.S. Dollar, Unemployment, Wages
Apr
26
2010