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Politics : Ask Michael Burke

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To: Mike M2 who wrote (31630)8/27/1998 1:06:00 AM
From: PaperChase  Read Replies (1) of 132070
 
Are you the gold bug on this thread? Here is an article about falling commodity prices.

bloomberg.com

Gold prices are falling while currencies crumble? I didn't remember my college textbooks from 20 years ago telling me this would happen or even be rational. <G> I wonder if I had mentioned this scenario back then, would I have been laughed out of the classroom and given a failing grade?

In my sane and rational mind, if commodities are used to make goods, then eventually this could lead to lower costs in many different sectors. I'm not ready to hoist the deflation flag just yet.

Thoughts? How can I profit from this scenario if it gets worse.
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