Replies

To: Toddsterpatriot

What happened to gold in the disinflationary early 80s?

If I remember correctly, gold was over $700/oz in '79, and came down dramatically in the early 80's.

35 posted on 08/12/2010 10:09:15 AM PDT by TnGOP (Petey the dog is my foriegn policy advisor. He's really quite good!)

To: TnGOP

Yeah, the price tanked, with lower, but still present, inflation.

If we get real deflation, the reaction might be stronger. Or maybe this time it's different?

37 posted on 08/12/2010 10:18:00 AM PDT by Toddsterpatriot (Math is hard. Harder if you're stupid.)

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