Immer weiter so, aber wie lange geht das noch ?.
At this juncture, every central bank in the world is attempting to keep its currency on the "cheap" or competitive side. To do this they must create ever-more quantities of fiat paper. This is basically inflationary. More and more paper is now chasing tangibles. :))
Here are the latest statistics on the broad money supplies on a year-over-year basis. As you can see the various central banks are busy creating additional oceans of paper.
Australia plus 9.8%.
Britain plus 11.2%.
Canada plus 9.8%.
Denmark plus 16.3%.
Sweden plus 5.6%.
Switzerland plus 6.3%.
United States plus 6.6%.
Euro area plus 8.5%.
http://www.321gold.com/editorials/russell/russell110805.html