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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: kayco who wrote (16816)12/27/2008 6:42:36 PM
From: GROUND ZERO™  Respond to of 29622
 
Anyone who wants to participate in this contest is welcome...<g>

Message 25280813

GZ



To: kayco who wrote (16816)12/27/2008 6:43:23 PM
From: maxncompany  Read Replies (1) | Respond to of 29622
 
Plus costs remained low during the depression, while at the same time gold jumped from $20 to $35. Makes for a very nice profit margin.



To: kayco who wrote (16816)12/28/2008 12:53:17 PM
From: prometheus1976  Read Replies (1) | Respond to of 29622
 
there's a corollary to that thought and situation..

Since gold was still pegged to the dollar,then goods and services deflated against the value of gold.

Perhaps you could see a situation where goods and services deflate against gold,and inflate against the dollar since there's no formal peg...i.e. a rising price of gold expressed in dollars.

just a thought,P1976


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