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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (14322)6/15/2005 10:53:13 PM
From: orkrious  Respond to of 18308
 
The economic trouble is going to happen regardless of whether or not you own gold. If someone is going to prosper during the carnage, it may as well be me.

History shows gold does better in deflationary times more so than in inflation. To date, you are right, gold has rallied as part of the Fed's "reflation." But that's going to change.

The PoG rally from late 2001-2003 was based on dollar weakness. It's too soon to know if it's a trend, but it appears to be changing.



To: Bearcatbob who wrote (14322)6/16/2005 2:04:13 PM
From: loantech  Read Replies (2) | Respond to of 18308
 
gold may do better in a world wide boom. inflation and more people can afford to buy jewelry.



To: Bearcatbob who wrote (14322)6/16/2005 9:45:26 PM
From: Proud Deplorable  Respond to of 18308
 
"I would not want to base my greed on the hope of economic pain for others."

I could say something but I won't.


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