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Politics : Ask Michael Burke
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To: Earlie who wrote (24709)12/12/1997 1:25:00 PM
From: Sam Citron  Read Replies (2) of 132070
 
Earlie,

"Most investors think gold is a good hedge against inflation, and history suggests that it does a reasonable job at this. What many don't know, is that historically Gold is a better, indeed it is an excellent hedge against deflation.

I've been off SI for awhile and just caught this provocative statement in one of your earlier messages. Could you elaborate a bit on why this is so and give a couple of examples where gold has held up well in a deflationary environment?

Thanks in advance,
SC
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