Sunday, August 19, 2012
Gold And Deflation In The Greater Depression
Gold And Deflation In Deflation And The Greater Depression?By Delwyn Lounsbury - THE DEFLATION GURUThe history of gold and deflation is not good.We recently had a worldwide banking crisis and gold and silver have recently ramped up in price due to monetary stimulus, fear and uncertainty. I am a big fan of gold, but gold and deflation could mean a drop of 50 percent in it's price. It is still catastrophe insurance and will probably not drop the 90 percent some other assets may. Gold is
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