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Pastimes : All Clowns Must Be Destroyed
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To: LLCF who wrote (38445)6/7/2000 12:35:00 PM
From: BGR  Read Replies (1) of 42523
 
If it is inflationary, gold should rise. It won't be inflationary (IMHO) due to technological advancements and resulting productivity growth.

And it won't be deflationary, as the Fed can always pump liquidity in.

So, gold looks like a horrible investment to me given the situation.
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