2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

4:00 PM EST

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To: carranza2 who wrote (100353)	4/24/2013 8:39:14 PM
From: Maurice Winn	1 Recommendation Read Replies (2) of 217756

Wouldn't that mean that the price of gold in that deflating currency would fall rather than rise? < Deflationary pressures are going to be felt. Sometimes myths such as out of control 'money printing' need to collide with reality.> With a production cost of some $500 per ounce for some gold producers, with oil at $100 a barrel, there is plenty of room for the price of gold to fall a long way from $1500. Especially if oil, which is gold by another name drops in price to $50 per barrel. Or $30. The i in oil just needs transmutation by nuclear fission to a g and d. Perhaps the hordes of hoarding Gold Bugs have got an outlook as bleak as the "houses always go up in price" speculators who went bust in droves. Same as those speculating in the Biotelecosmictechdot.com mania of the 1990s leading to the Y2K peak. Mqurice

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