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


To: longdong_63 who wrote (19231)9/19/2002 10:20:58 AM
From: Sharp_End_Of_Drill  Read Replies (2) | Respond to of 36161
 
LD, I suspect gold does well in stagflation.

It remains to be seen how silver will fare. It may need a boost in industrial use to get moving. There doesn't seem to be much, if any, investment demand.

A few days ago there were some posts on silver being oversold, overbought, etc. The first thing that entered my mind was at 4.55 silver is just plain 'not-bought'. I'd like to see that turn around even moreso than gold.

What do you think happens to gold in deflation?

Sharp