slapshot i do agree that inflation is a better scenario i also agree that whit inflation the money on the sideline could comeback pretty fast BUT

i think it could be really different this time because most of the new money that came in the last 25 years was in the way of credit through the mass.

now this is exactly where we are having a tough time , there is no room left for additionnal credit for most individual across the world .

i for myself predict a deflation scenario mid term i see no way it could change exept if we do have a painfull worldwide war or something similar.

i stil;l believe that despite all the bad news overall a junior like kodiak can perform very well if their resource is proven major will still looking for gold in the ground.

dmaster