Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (104575)	5/24/2001 3:18:21 PM
From: SeaViewer	Read Replies (2) \| Respond to of 436258

Gold got whacked, and bonds and bills got whacked too. Inflation...

To: LLCF who wrote (104575)	5/24/2001 3:39:21 PM
From: KyrosL	Read Replies (1) \| Respond to of 436258

In the thirties gold and silver were officially money. That's the reason for their appreciation versus the other deflating commodities. I can't see a deflationary scenario that's accompanied by appreciating gold today. It makes no sense, since gold has been effectively demonetized, so in a deflation it should deflate along with the other commodities. Gold will go up in a stagflationary environment, and I think we may get a bit of that this year.