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gldtimer

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gldtimer

Re: Learner09 post# 575

Tuesday, 12/09/2014 9:42:18 AM

Tuesday, December 09, 2014 9:42:18 AM

Post# of 4668
Gold is THE price Inflation Asset!

...trouble is the globe is now in price deflation. When the CB'er dropped interest rates to 0% in 2009, the gold bugs went nuts thinking inflation was right around the corner and bid gold up for 2 1/2 years creating a massive bubble which is still liquidating.

It will keep liquidating until it stops and reverses itself...don't hold your breath for this to happen.
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