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.
Gold/Mining/Energy : Gold Price Monitor
GDXJ 106.75-0.5%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tekgk who wrote (1001)7/31/1997 9:50:00 PM
From: Mark Kubisz   of 116791
 
You say there is an error in my thinking, but you have only restated in another form what I have said: that gold maintains its value (measured in terms of goods) in inflationary times. I agree that deflation causes economic collapse. But why? Because people hang onto their money. Why buy today what will be cheaper down the road? They don't buy gold. As the poster at exchange2000.com sums it up, in deflationary times, "cash is king."
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