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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (32988)	5/15/2000 2:05:00 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 42523

Anindo, interestingly, a study by Dan Ascani that looked at gold prices as far back as the 15th century, found that it was a good investment in both deflationary and excessively inflationary environments. from '29 to '35, the price of HM rose e.g. ten-fold. government bonds are usually a good investment during times of deflation, but not right at the beginning, as at the onset of a deflationary depression all paper assets get dumped in order to raise cash.