wrote an interesting post today on
Here’s a quick excerpt
Salida Capital Quick Quote 1. The housing crisis in the US is deflationary 2. It will be met with unparalleled monetary and fiscal stimulus 3. The end result will be another round of reflation 4. This will eventually lead to an even more inflationary environment 5. Supply constraints on most commodities will keep long-term prices higher than consensus estimates 6. Hard assets will eventually get a re-rating as their earnings power relative to the overall market is recognized and as investors

Read the rest of this great post here