Sinclair

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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donypee

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Sinclair

posted on May 07, 2008 10:49AM

Dear CIGAs,

Fed mouthpiece Honig says the Fed might increase interest rates to fight inflation.

The dropping of rates has had no impact yet, but an increase in rates would have an IMMEDIATE impact called an IMPLOSION.

There is no chance in hell that the Fed will raise rates.

"Honig's Illusion" is another spin device to say all credit problems are behind us so the Fed can go hawk with no downside.

Food and fuel are the main ingredients of inflation so the Fed will have to stop people from eating and decrease fuel use in Asia in order to be effective. Rates will not do that. People may starve, but for other reasons.

All markets are casinos so the euro and gold drops, but let?s see if "Honig's Illusion" has legs. I rather doubt it.

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http://www.jsmineset.com/

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