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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Archie Meeties who wrote (56596)	1/10/2001 11:41:01 PM
From: Step1	Read Replies (1) of 436258

Archimedes, I thought the "theory" was that when paper burned, gold melted, hopefully up ...<g> Do i have something wrong here or what? Anyway, dollar hyperinflation is all relative. Gold has an international price and is , although debatedly in some quarters, also a currency, so if the dollar economies witness hyperinflation, in other words the value of the currencies drop, then gold should remain steady and therefore it should not affect gold and silver cos operation in those currencies. Admitedly, lately, things have been a bit out of whack, but hyperinflation (a devaluation by any other name) should benefit the gold and silver producers, be they in NAm or SAm. Just my two yen worth. >>>Most miners will get smacked in a round of dollar hyperinflation... even the gold and silver miners if they operate in dollar dependent economies like South America. Those currencies will fall away far faster than the usd and margins will be crushed. <<< sg

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