Platinum as a leading economic indicator

DoChenRollingBearing

Yellow Jacket
Supporter
Messages
1,275
Reaction score
0
Points
0
Location
SE USA
...

It took me awhile to track this down (I remember reading this a long time ago), but I finally found it:

https://books.google.com/books?id=V...onepage&q=platinum, leading indicator&f=false

From Nick Barisheff's book $10,000 Gold. Look towards the middle of the page in the above link.

Barisheff says that platinum leads inflation by some 16 months, more than gold & silver (lead by about 12 months). He mentions that some outfit called Wainright Economics (of Boston) found this pattern.

* * *

Platinum, of course, is WAY DOWN now.

I presume that would predict DEFLATION...

If so, well, ick!

:noevil:
 

DoChenRollingBearing

Yellow Jacket
Supporter
Messages
1,275
Reaction score
0
Points
0
Location
SE USA
...

rbl

Well, yeah you DO want $10,000 Au, if:

1) Society is stable enough for you to enjoy it.
2) You are done buying it.

Not done buying it yet? Hurry up!

:)
 

rblong2us

Yellow Jacket
Messages
2,088
Reaction score
8
Points
153
Location
off world
did all the buying in late 2011, Bearing )-:

Be ironic to have to have ridden it down 25% over a 4 year period then see society unravel and bic lighters become the new currency .....

But Im not despondent
Theres gonna be a world reset and the gold backed Iraqi Dinar will triumph over all other currencies

or something like that (-;
 

pmbug

Your Host
Administrator
Messages
7,431
Reaction score
11
Points
193
Location
Texas
It seems to me that the piper is going to come calling eventually. The central banks have managed to stave off necessary economic deflation by blowing harder into the balloon. It's not sustainable though and eventually they are going to run out of breath.
 
Top