lgl record gold output, page-8

Hi lockitt,

I was laughing so much reading your post.....my tears coming out of my eyes.....you are so funy.....hey your marriage must be a good one to take some abuse from your mrs!! yes INFLATION true people don't see it......when the central banks and government around the world flooded the market or economy with tons of cash.....what it means is there are more money in circulation.....so the true value per unit dollar is becoming less and at the end you have to put in more dollars to get the same thing..and you are right in everyday life we see prices actually go up in so many different ways as you showed us......what interesting is for us to see how US will pull the money back quickly when economy starts to really kick in....we are talking in trillions of dollars.......now stock market is already factoring a quick recovery in economy.....they set the bar so high already for the next reporting season there will be some disappointment....but till they start creating jobs in the hundreds of thousands per month....economy is still sick....so I don't see the real inflation where people start talking about everyday will come too soon but when it comes there will be a huge inflation....that is the time where interest rates back up to 8,9 or much higher % and by then gold will be over 1500, oil over 100 and LGL well it can go to over 4 maybe more who knows??
I am waiting for the right moment to strike and I can't wait for the big moment in the meantime sure LGL can go up, still waiting for indicators to show signals and watching POG to break up........economy looks improving in US because US government is supporting it like on a life support, but till economy creates jobs not losing jobs the real recovery is not there yet.......they created problems by making credit easy for everyone in the first place so everyone and companies have debt up to their neck......now they are trying to fix it by encouraging people to spend money and borrow more again to support economy....hey...I don't understand......but I am not an economist.....

Cheers