SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Bema(Bgo) and Arizona Star -- Ignore unavailable to you. Want to Upgrade?


To: IngotWeTrust who wrote (8000)10/27/1997 3:24:00 AM
From: George Mousis  Read Replies (2) | Respond to of 10482
 
Give it about 10 Years. I think you will still be 49 years old :)

Here is a possible scenario:

1)world wide deflation leads to the collaspe of all asset values including the price of Gold. At first, the US dollar and bond market rally, but as countries attempt to export their deflation to the USA, trade deficits soar, protectionism grows in the US and dollar itself starts falling into question.

2)Bankruptcies ensue in the gold mining industry,exlporation grinds to a halt 3)at the same time, the philanthropists at CBs begin to draw down their gold holdings to meet all their humantarian causes.

3 Desperate governments around the world attempt to inflate their
economies, eventually they are successful- inflation goes through the roof and Gold skyrockets.

George