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trent3727

6,347 Posts.

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03/04/20

16:48

Post #: 43867480
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Originally posted by trendsetter: ↑

Yes, I do think that gold will rise in this deflationary market. Because this time it is different (compared to the GFC). This time the money is being handed out much more to everyday people and this will cause inflation in prices of goods. Whereas, during the GFC the money was handed out to the elite and which resulted in inflation of asset prices.

I think we are headed for a stagnant economy with inflation = stagflation. Gold should do well in this environment.

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food and goods are still being produced and GDP is going to comedown theres no way there will be inflation And on the Oil front exxon mobile and chevron are not cutting back on production and there wont be demand for months and months

Last edited by trent3727: 03/04/20
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0 Great analysis

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