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That's all great info, but it contradicts what your hero has...

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17/09/21

15:05

Post #: 56153028
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Originally posted by Skol: ↑

High inflation is hyperinflation, something the goldbugs waffle on about all the time but it never happens.

Then they'll bang on about Zimbabwe or the Central African Republic or something. There was high inflation in the 80's, around 25%, I had a lot of debt at the time, so it was pretty painful, but managed to squeak through it OK.

Inflation is bad for gold, but Peter Schiff tells everyone the opposite, and there's certainly higher interest rates on the way.

There's some Fed news coming up shortly about the tapering, and that could bankster the gold price even more.

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That's all great info, but it contradicts what your hero has said about "zero bouts of high inflation" - how do you reconcile that? Can we believe this guy, or no? Can he form coherent thoughts and sentences, or no?
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0 Great analysis

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