we just seen inflation drop from 2.5% to 1.5% so im thinking we get another drop to hopefully around 0.6% this would put extreme downward pressure on gold
------------
Your whole viewpoint is based on a false premise.
Although it may seem counter-intuitive, gold can be as effective a hedge against deflation as against inflation; in fact gold's purchasing power is more likely to increase in deflationary periods than during inflationary eras. ... The most recent deflationary period in the U.S. was 1929-1933 as the depression took hold.
- Forums
- Commodities
- GOLD
- gold
gold, page-75163
-
-
- There are more pages in this discussion • 54,228 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)