if deflation is coming, sell your gold, page-16

http://www.drschoon.com/articles/AEFCanWeHaveInflationAndDeflation.pdf

Can we have Inflation and Deflation all at the same time?

A worthwhile read from Prof Fekete - written in 2007 and copyright.

I know many posters here have read his work - so apologies if it has already been posted - but worthwhile re-iterating IMO.

I believe what he describes in part of this article is the M1 Money Multiplier phenonemum we are currently seeing?

For those who saw the Exter Pyramid (ie vertical devolution of assets) - an interesting comment on horizontal devolution (ie the movement of assets horizontally - in particular gold).

And so we see the velocity of gold continue to rise.....