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


To: mishedlo who wrote (100269)7/31/2009 10:01:01 PM
From: Hawkmoon  Respond to of 116555
 
In deflation gold does better in real terms than nominal. I expect it to hold its own.

Thus, even though we're no longer on a gold standard that fixes the exchange for gold to a currency, you still feel confident that deflation will positively impact gold?

I mean... where's the data to support that, given that gold has been price fixed for so many centuries?

Hawk