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To: AdamSelene235
"Seems like fiat would be better than gold in a deflationary environment?"

In a calm, gentle, predictable textbook deflationary environment, yes, I think so.

But in a volatile geopolitical environment, with sundry currencies and political regimes in chaotic freefall, gold will probably be easier on the nerves than paper, and will probably be more likely to reward the patient holder, as well.

All IMHO. ;^)
13 posted on 07/23/2002 5:03:28 PM PDT by headsonpikes
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To: headsonpikes
But in a volatile geopolitical environment, with sundry currencies and political regimes in chaotic freefall, gold will probably be easier on the nerves than paper, and will probably be more likely to reward the patient holder, as well.

And you were ribbing me over my rose colored glasses.

My plan A. is shorts & companies likely to benefit in deflation.

Plan B. is fiat

C. is gold

D. is 7.62 mm

I prolly shouldn't talk about plans E-Z in a public forum.

15 posted on 07/23/2002 5:09:07 PM PDT by AdamSelene235
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To: headsonpikes
bump
18 posted on 07/23/2002 5:14:16 PM PDT by RudeJude
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