Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: rayrohn who wrote (157794)	6/14/2021 5:55:19 PM
From: GROUND ZERO™	Read Replies (1) of 222286

It's the other way around, I think you have it backwards... Inflation has everything to do with rising gold prices... On my two points: 1) An increase in the velocity of the dollar IS inflationary, in fact, it's the very definition of inflation, and 2) A run on any currency IS very inflationary, if the currency becomes worthless, then you have maximum and ultimate sky rocketing inflation... A strong and healthy economy naturally increases the velocity of the currency, that's normal and to be expected... but, you don't want to see a run on the dollar, that would mean $500 for a cup of coffee today and $1,000.00 for that same cup of coffee tomorrow... BOTH reasons I listed are the two primary causes for gold to rise in price and BOTH are the root causes of inflation itself... The first item is normal, the second item means normality is running out of control... GZ

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