GOLD 0.51% $1,391.7 gold futures

gold, page-75163

  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    we just seen inflation drop from 2.5% to 1.5% so im thinking we get another drop to hopefully around 0.6% this would put extreme downward pressure on gold

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    Your whole viewpoint is based on a false premise.

    Although it may seem counter-intuitive, gold can be as effective a hedge against deflation as against inflation; in fact gold's purchasing power is more likely to increase in deflationary periods than during inflationary eras. ... The most recent deflationary period in the U.S. was 1929-1933 as the depression took hold.
 
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