Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Proud Deplorable who wrote (63601)	2/20/2009 12:31:21 PM
From: Jimmy08	1 Recommendation Read Replies (3) of 78411

Gold has lately built such a reputation as a safe haven from the financial storms wracking the world that it is something of a shock to find an analyst who believes the soft, yellow metal is wildly overrated. BUT according to Alan Brochstein, the inflation argument for gold is mistaken: “The water is flowing, and the inflationists are fearing that it will overflow. What they fail to realize is that the drain is running even faster.” Source VIA this blogger I think he brings up some good points but I think his inflation argument is not valid because gold should be a leading indicator (predictor) What do you guys think and why?

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