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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Proud Deplorable who wrote (90695)11/23/2008 1:52:43 PM
From: mishedlo  Read Replies (2) | Respond to of 116555
 
"Mish, give your basic thoughts as to why gold would do well in a deflationary environment. I would think that hard assets would do poorly in deflation."

Gold is money and acts like it.

globaleconomicanalysis.blogspot.com

BTW I was wrong about Jewelry use of gold. I am not sure where I got 3% from, perhaps that is industrial use.

But.... Jewerly use of gold is not related to price. That I can prove. It is in the above link

Mish