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Re: jt6455 post# 3424

Monday, 10/24/2016 10:53:42 AM

Monday, October 24, 2016 10:53:42 AM

Post# of 19218
Yep, the slaughter is coming.

Another topic. I was watching a video that Mike Maloney has out where he's talking about a deflation coming before we see more printing and then big inflation/hyperinflation afterwards.

I believe Maloney is in agreement with Harry Dent about this deflation outcome and I know Dent has predicted that we'll see $750 gold in this next deflationary drop. I'm not sure how he comes up with his numbers, but that seems too excessive a drop to me.

I'm of the opinion that gold might hold up pretty well even when the deflation comes because of investor fears and a flight to safety when the event happens. What's your take on it?

P.S.: I'm not a Harry Dent believer. I like Maloney much more, but like I said Maloney seems to be in agreement with Dent. I don't know if Maloney agrees with his deflationary gold price target.