TYHEE GOLD CORP

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Message: Re: Confusing times
1
Oct 02, 2008 05:43AM

Oct 02, 2008 07:18AM

Great thought. I believe you may be right. Something big is about to break with LIBOR rates and TED spreads going up. Gold and silver appear to be predicting with other commodities a massive slowdown is in order. If credit cannot be freed up(I am afraid it may be too late), the snowball of unemployment and manufacturing slowdown will be difficult to stop. We will be lucky to avoid a depression.

By the time the inflationary impact of the money printing is felt, I am afraid these commodites and their equities will be much cheaper. The technicals sure indicate that would be the case.

For sure I am holding what I have, but not adding to the pain until I am convinced monetary inflation is controlling the price of commodities. I may indeed lose my liver before that happens.



SilverNut



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