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al44

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Re: xZx post# 8991

Saturday, 11/22/2008 9:48:59 PM

Saturday, November 22, 2008 9:48:59 PM

Post# of 43551
In all reality, no one really knows what gold will do in a deflationary environment. In all US history, when we have had deflation, the price of gold has been federally regulated. We have not had a deflationary period since Nixon took the lid off of gold and it has risen and fallen on it's own merits. All we can do is speculate on what might happen if we enter a time of deflation. It would definately be a time where I would be consulting the charts a lot closer.

......al

I may not agree with what you say, but have fought and will continue to fight for your right to say it. USArmy 1966-1975

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