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To: NOW who wrote (548)2/24/2004 12:59:04 PM
From: ChrisJP  Read Replies (2) | Respond to of 116555
 
deflationary depressions have historically been good for gold.

They've been even better for the end of civilization as we know it !

Chris



To: NOW who wrote (548)2/24/2004 7:44:36 PM
From: KyrosL  Read Replies (1) | Respond to of 116555
 
deflationary depressions have historically been good for gold.

Is there any data that you know of, that support this statement other than the Great Depression, during which gold did well because we were on a gold standard and FDR reset the price of gold upwards?