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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (67822)4/18/2001 6:36:43 PM
From: dean poets  Read Replies (1) | Respond to of 116979
 
"What matters is the level of real interest rates. (nominal minus inflation). The closer you get to 0 the better it is for gold."

Sounds great, but how do we know what the inflation rate is? Should expect government statistics to be true? If inflation were 10%, the Government would still tell us it's only 1%.