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gold, depression and hyperinflation

  1. 5,231 Posts.
    any opinions (stupid question) on how the gold price will react to depression and then hyperinflation.
    In past depressions the gold price has not skyrocketed but has appearred steady and gone up slightly from the 1930s Depression anyway. If it comes to hyperinflation will the gold price just wallow because the market for it has collapsed? will investors see it as a flight to safety earlier on in the piece and force the price up at the start of a possible hyperinflationary period? At the end of the hyperinflationary period how will the gold price react?
    Are there any lessons from history such as the Weimar Republic on this and how will it differ this time if we are talking about the USD being used as a world standard and not just one nation's currency system?
    Have the benchmarks for commodity prices been set in the boom and it will be a very long time before they get anywhere near that level again? How will the price of gold react to a new introduction of a gold standard or similar system if it is implemented?
 
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