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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Horgad who wrote (88465)11/5/2007 2:01:09 PM
From: KyrosL  Read Replies (2) of 110194
 
The case for gold holding its own in a deflation is based on what gold did during the Great Depression. But at that time gold was money. It retained its value precisely because of its official money status.

I think that in a modern deflation gold will behave just like any other commodity, unless it becomes subject to some kind of irrational bubble.
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