Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (14850)	2/11/2002 2:05:05 AM
From: Maurice Winn	Read Replies (2) of 74559

<so we then need inflation to push up the production costs to keep gold up> But, but, but... I heard we have DEFLATION and we are all panicking about a deflationary spiral into a global financial collapse. Is it going to be an inflationary deflation? Does that actually have any meaning? Which is it? Deflation or inflation? Or maybe gold will get huge inflation as planned but everything else will be a deflation. But that sounds more like a speculation in gold than an actual inflation since the production costs will be deflating along with everything else. Gold production will deflate to $100 an ounce. Heck, maybe to $24 an ounce to fill the glaring gap way back in the early 20th century [since the theory that gaps get filled seems to be out for a trot]. Mq

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