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.
Strategies & Market Trends : Booms, Busts, and Recoveries

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (26600)12/30/2002 3:49:16 PM
From: carranza2  Read Replies (1) of 74559
 
Mq, a brilliant guy like you is entitled to some slack, but I am nonetheless having a bit of difficulty reconciling this:

siliconinvestor.com

with the notion that gold is an anachronism whose value resides only in its uses as jewelry or as an industrial metal.

Assuming deflation, or even a hint of it, Uncle Al will get the printing presses working overtime. Ergo, the dollar will fall, ergo gold will go up. Ergo, I scratch my head at your fulminations against this logic.

We have seen it happen. It is happening.

Explain to this literal-minded novice how you can hold that gold is an anachronism while at the same time citing Appel's article in which he quotes Uncle Al on how he will ramp up the printing presses to deal with even the slightest whiff of a hint of deflation?

Mq, my neurons are getting phrag-de-mented. I consider you and Jay the elite of cyberspace on these issues--perhaps you are the bull market genius and Jay is the bear wiz?

Happy New Year's to all. Stay safe.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext