Price Inflation

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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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BKM8572

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Price Inflation

posted on Aug 18, 2010 01:15PM

Is beginning to take hold. Only a matter of time until it begins to affect prices of virtually everything we buy. Particularly resources, precious metals, food, and anything priced in US$. This is reflective of Bernanke plan to inflate away US debt. Good for hard assets. Bad for those not in hard assets. As inflation intensifies after an initial sell off in US market averages they will rise but not in US$ inflation adjusted terms. Time for the US to pay the piper. Loonie should strengthen.