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To: patron_anejo_por_favor who wrote (78236)8/2/2003 1:56:12 PM
From: NOW  Read Replies (2) | Respond to of 209892
 
Yep: Gold during deflation From Ascani:
" During the deflation of 1814-1836 the purchasing power of gold doubled. That means holders of gold in 1814 who could buy one man's suit for one ounce of gold could, in 1836, buy two men's suits for that same one ounce of gold.
During the deflation of 1864-1897, gold's purchasing power increased 40%.
The worldwide deflation of 1920-1933 saw gold's purchasing power soar 251%. Against collapsing foreign currencies, gold soared thousands of percent."



To: patron_anejo_por_favor who wrote (78236)8/2/2003 4:13:37 PM
From: orkrious  Read Replies (1) | Respond to of 209892
 
Money markets are not "cash" BTW, they'll get whacked like all the rest if we get extended deflation.


how is that patron? are you saying my treasury money market will fall under $1/share?