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Politics : Welcome to Slider's Dugout

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To: pogohere who wrote (10809)7/17/2008 3:02:37 PM
From: SliderOnTheBlack  Read Replies (4) of 50102
 
re: [" "its interesting that some suggest that many today
don't know your supposed to buy gold/silver in an inflationary
environment...."

I see gold rising as assets deflate and credit collapses"]

Eureka!

We've cracked the code people.

We've found the perfect investment.

One that will go up during either inflation, or deflation.

...but, then how do you explain this 21 year chart?



We all know that gold has risen on the wings of
inflation during the last 8 years. But, that chart
above shows that gold can also go down, and go
down for very long periods of time during non-stop
inflation.

So why is everyone so sure what gold will do during
deflation?

Just wondering <vbg>?

SOTB
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