possibly deflationary, but it assumes that gold maintains its...

possibly deflationary, but it assumes that gold maintains its correlation to paper money. if the people that be want to revalue the price of gold either way, then that is whats going to happen.

the us govt decided gold would be fixed once upon a time and it was, they decided that the price of gold would double, and it did over night.

anything could happen, there are no experts out there.

what doesnt help is sensationalist articles by mega gold bugs that are obviously self serving and remind me of real estate spuikers. their websites remind me of '8 minute abs - total exercise system designed to get abs in 8 minutes per day'

gold is a nice hedge, but its not a smart idea imo to get more then 10% of holdings into it, there is no fundamentals on it, its basically whatever the us govt decides