Red-Hot Resources

"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Thursday, September 20, 2007

More Inflationary News

Via TPM ...

The Congressional Budget Office estimates the cost of a long-term U.S. occupation of Iraq in the trillions of dollars in a new report released this morning. The study appears to make some pretty conservative assumptions in calculating cost estimates.

XX Sounds inflationary to me ... and another good reason to buy precious metals.

Here's another inflationary outlook (from
Bonddad, who is making a name for himself in the bond analysis world): Why the Fed's Rate Cut Was a Mistake. Bonddad provides some great charts, too.

Labels: ,

Check out my new gold and energy blog at MoneyAndMarkets.com