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To: allmost

Is gold a deflation hedge?

/s


3 posted on 02/21/2009 3:04:15 AM PST by RobRoy (Islam is a greater threat to the world today than Nazism was in the 1930's.)
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To: RobRoy

When entered and exited properly yes. If you have money and you want to ‘stash’ it for a few years gold sounds good. The same people that perpetuated the dot com bubble then the housing bubble, then the credit bubble, are in gold right now. Be wary. Make it if you can, but realize why the previous bubbles burst. They simply weren’t worth it. Short term gold is great. Long term is sketchy IMO.


8 posted on 02/21/2009 3:11:32 AM PST by allmost
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To: RobRoy

Lol!


25 posted on 02/21/2009 4:25:41 AM PST by djf (Economy? Solution? Let's give more money to the jerks that lost the other money... Gummint at work!)
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To: RobRoy
Is gold a deflation hedge? /s

Remember the old saw about "too many dollars chasing too few goods"?

With almost every country in the world printing money 24/7, some are worried they could overshoot deflation and flip us into hyper inflation.

Not that Obama and friends can't judge it perfectly - know exactly when to stop printing and all - - but just in case... /s

81 posted on 02/22/2009 3:27:13 PM PST by GOPJ (The MSM will trumpet every hard luck housing story they can find to undermine Santelli.)
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