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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (5252)12/12/2001 8:35:15 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 36161
 
Interesting graph, gold vs. stocks in the Depression. I understand why gold should go up during inflation, but why should it go up during deflation? Seems like cash (and no debts of any kind) should be the preferred asset during deflation. If memory serves, deflation was about 6%/year during the 1930s, and Homestake outperformed that.

Interesting article on gold:
Message 16783219



To: pater tenebrarum who wrote (5252)12/12/2001 8:46:44 PM
From: lh56  Read Replies (2) | Respond to of 36161
 
what about the ecb? will their more conservative stance turn out to have been wiser, iyo?

TIA,
-larry


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