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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Peter Neidhardt who wrote (11351)5/6/1998 11:44:00 AM
From: long-gone  Respond to of 116762
 
Most believe increased interest rates are a sign of inflation. Most also (wrongly) believe that historical POG have only gone up under inflation, while deflation has been better for real POG.
rh



To: Peter Neidhardt who wrote (11351)5/6/1998 12:26:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 116762
 
Peter, other than world crises, inflation is the most powerful mover of the price of gold. Increased inflation raises the POG.