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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (7381)9/29/1999 9:14:00 PM
From: SouthFloridaGuy  Read Replies (2) | Respond to of 12475
 
<<to the abyss again>> first of all, the prices india bought at are considered "in the abyss."

gold to this day is the best barometer of inflation. if you think inflation is dead, then yes, gold prices will remain as they are at the very worst. in the meantime, gold acts as a stable reserve and an excellent hedge for a government to use.

just to let you know, i believe inflation will never die. it comes and goes.


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