GOLD gold futures
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Both are possibilities. If you have just suffered the...

  1. Skipperx
    1,605 Posts.
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    06/11/08
    06:03
    Post #: 4471201
    Both are possibilities.

    If you have just suffered the physiological impact that middle class America has been through; falling house prices; falling stock prices; people losing jobs....would you suddenly go out and buy things on credit because the banks are offering cheap money? Put yourself in that scenario for a moment.

    I would probably lean to the side of deflation.

    Cheers, Skip
    Value at posting: $10,700
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