While we are clearly looking for continuing relentless inflation as QE actually increases rather than ends in June, the fact that analysts at both The Squid and The Morgue are both making calls for an imminent ramp in oil prices indicates that they are on the other side of this trade for at least the short term.
With Japanese auto production, sales, and exports now plummeting, the EU in crisis, and fears of QE 2 ending on June 30th, it is becoming more and more likely that we could see another market crash prior to the introduction of QE 3.
As Germany further demonstrated last night however, the monetary easing (money printing) will continue and only accelerate as the worldwide financial (debt) crisis intensifies.
Continue accumulating gold and silver on the dips (silver is still nicely off of the $50 level, readers should be continuing to accumulate silver) and hold for the long term.
Click here to read the Post's report on gasoline predictions by The Squid:
