SI
SI
discoversearch

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.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bert who wrote (125468)9/25/2001 1:23:23 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
i refer you to Dan Ascani's study of deflationary periods back to the 15th century...he concluded that gold's purchasing power tends to increase sharply in general deflationary conditions. of course the study is hampered a bit by the periods during which the price was fixed, but generally it shows that while gold tends to show no strong nominal price increases in deflations, it still rises vis-a-vis all other stuff merely by remaining stable. that means of course that gold shares are a better investment than physical gold during a deflation - to wit, HM's stock price increased 10-fold from 1929 to 1935, while the gold price remained fixed (with only a single adjustment effected by FDR after the confiscation).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News