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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (144086)1/29/2009 2:22:56 PM
From: Hugh A  Respond to of 313314
 
RH:

Thanks - need to think about this. Although the textbook definitions of inflation and deflation are related to money supply, as stated by another poster, I believe it is the expected direction of future price changes that drives the gold market; i.e. price inflation and price deflation. We haven't yet recognized price deflation (it's here), and we won't see inflation until it's well upon us. This is when gold spikes - 18 to 24 months from now?

HA


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