SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: ItsAllCyclical who wrote (69375)5/17/2001 10:59:14 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 116752
 
Good read about inflation/deflation and gold.

gold-eagle.com

An excerpt:

The scenario of a gold price rise is very often misunderstood. Gold rises exactly when interest rates and inflation are very low thus making the gold price a leading indicator for inflation. This is the time when money is printed and the future inflation risk is the highest. When inflation is already very high it is time to sell gold. Gold always works as a leading indicator for inflation.

As we will now very likely experience a period of very low interest rates and very high M1 monetary growth in the dollar, it is time to buy gold and precious metals.