Great post, Puzzleman. I totally agree. Once the velocity of the massive amount of fiat out there starts to speed up the inflation impact will be 'noteworthy'. Important Note: The money center banks are sitting on incredible amounts of digital cash...I used to work for one of them...any opinions if that cash will start moving within a year or two?

And, by the way, I also appreciate Baires's posts...solid information, insightful opinions, or as noted, material controversial enough to get our juices flowing.

CM