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inflation vs deflation mish shedlock in 2005, page-5

  1. hercules007
    4,525 Posts.
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    19/06/09
    17:28
    Post #: 5302791
    What has this all to do with gold?
    The US and Euro economy will continue to be bad, deep recession maybe depression. The USD is in decline and will continue to decline, sometimes faster, sometimes slower. Total money supply will contract, monetary base will be expanded trying to compensate. Gold is going up, no matter inflation or deflation.
    Value at posting: $0.00
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    lightbulb Created with Sketch.  Great analysis
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