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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (14623)2/8/2002 6:01:39 PM
From: KyrosL  Read Replies (3) of 74559
 
You can't use the '30s as proof that gold performs well during deflation. Gold was officially money then, so of course it went up. Gold is a commodity now. So the scenarios that would support its current price are either stagflation or inflationary expansion.
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