Sinclair

Well, daddy gold bug is on message and I cannot say I disagree w/ much of it. Direct from my email inbox. Here is the part that I took note of, before he careened into definitions of what is and is not hyperinflation.

Dear Comrades In Golden Arms,

If gold market participants were all tank drivers their machine would have but one gear - reverse. The smallest book in the world is the book of confirmed gold price visionaries.

Someone says deflation and the long gold positions hit the fan. Gold banks make their short covers even though the fuel in Bernanke's Helicopter Money Drop is founded in the dreaded use of the "D" word.