"...nanos, gigantium humeris insidentes..."--John of Salisbury
Saturday, October 18, 2008
Bill Gross: "We are experiencing asset deflation and the threat of headline inflation is long past,"
Fed should cut rates to 1 percent: Pimco's Gross
This concludes our Saturday deflation tour and, I hope, explains (at least in part) our thinking on gold.
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