I really don't see that happening. Platinum should see another dip if the Big-Three come back into the news. Toyota is also seemingly having troubles so that could cause platinum to dip.
Has the money supply shrank? I think we have seen asset price deflation due to restriction of credit, repricing of risk, paradigm shift from consumerism to saving, etc etc etc but I do not think we have seen a shrinking money supply. I think we have seen a massive build-up in the money supply...
This is a very key question that will either make or break a lot of people. Cash right now is King... Pound/Euro is falling like a brick and are looking to be terrible investments both long term and short term. Yen is doing quite well but is still subject to a substantial devaluing ala UK Pound...
Gas taxes aren't percentages which ruins that idea. Government likes cheap gas because more people drive, thus consume more gas and give them more tax profits.
Anybody have any explanation/idea why gasoline pump prices are on the rise while stockpiles are up and oil is still relatively low? Not even up $10 from the 52wk low, RBOB Gas is up $0.30 from its low a few weeks ago. This is obviously translating to the pump price but its weird how demand is...