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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (42057)	10/31/2008 5:40:08 PM
From: maceng2	Read Replies (1) \| Respond to of 217891

If we have deflation why is there $$ trillions $$ being generated world wide in all currencies, and will all that extra money get into circulation? In hyperinflation mode, fiat paper is quickly discarded in favour of a hard currency like gold. The pro gold argument is simple. The world is becoming socialist, all problems are fixed by creating new money. The politics will arrive at this solution every time. Throw new money at problems, hire more government, and get people to spend more somehow, even though they are broke. ST gold may go down, there are weak hands who do not understand. Gold will go back up, eventually it will moon rocket as things are trending at the moment. Message 25065261 research.stlouisfed.org[1][id]=MZM&s[1][range]=5yrs

To: KyrosL who wrote (42057)	10/31/2008 5:54:26 PM
From: Haim R. Branisteanu	Read Replies (2) \| Respond to of 217891

Would agree that gold IS a commodity and it seems that the market treats it this way. It may be that gold is a frontrunner to the price of other non-perishable commodities – time will tell. The concept that gold is the ultimate store of value is a myth as of today, as every other non-perishable commodity which we need for our economies is, or can be a store of value The only advantage of gold is that a small amount is worth more money like let say copper or crude oil, and gold of some real value is easy to carry along