Gold Price Monitor Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor

GDXJ 99.85

+6.2%

Nov 24 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Enigma who wrote (51554)	4/15/2000 10:57:00 PM
From: Hawkmoon	Read Replies (1) of 116764

When did we last have hyper inflation - do we have to go back to Germany in the 20s? Well you might classify the late 70s as being a period of excessive inflation Well, most considered the late '70s and early '80s, a period where hyper-inflation was possible. Without the tough love of the Fed Chairman Paul Volker things really could have gotten outta hand. Btw, much of the inflation of the '70s and '80s were due to the artificial monopolistic energy policies of OPEC. In the end, those policies proved counter-productive to OPEC as I sense they will once again. Also, so long as productivity outpaces inflation, we're still ahead of the game and I don't see much of a let-up in productivity until IT and Ecommerce become ubitquitous. One last point. Should the US suffer inflation, that will mean that inflation fears will be greater overseas and their currencies will weaken faster than ours. That weakness will lower the price of goods being imported into the US. There are a whole number of ways we can look at the data and find positive or negative arguing points. We'll just have to wait and see how things shake out over the coming summer months. Regards, Ron

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next