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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Don England who wrote (753)	3/1/2001 8:19:23 PM
From: Don England	Respond to of 23153

doing my evening news scanning and read this gold-bug editorial. i find myself less compelled by their arguments than i was. don't quite know why. anyway, he makes the argument for inflation and gold. what i am wondering is: is it possible for the price of gold to go up in a deflationary environment? i have never heard it argued as a possibility. actually, since inflation moves about thru various classes of goods, commodities, equities, real estate, credit - wouldn't a spike in gold, per se, simply be another form of inflation, and the obverse, in the fiat currency, called deflation? therefore any inflation actually has a deflation as it's other side in some other area.... is this really confused thinking? gold-eagle.com any comments welcome. don p.s. in my defense i can only say that i have never subscribed to all-or-nothing schools.