GREY:GUYFF - Post by User
Comment by
moreDDon Aug 13, 2014 6:57am
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Post# 22835301
RE:RE:RE:Gold and higher interest rates
RE:RE:RE:Gold and higher interest ratesaree on many front s but disagree on currency inflation...imo what currency inflation/ purches power devaluation thinkers forget is that financial world in 2008 colapse in a huge deflationary spiral that whiped out lot s of currency (bad debt)...so if you put things in perspective with all the printing that went on since then by central banks all around the world was/is actually inflating a ballon that deflated...in real terms you get the same inflated balon and not a new one...so the currency creation is not adding to more currency then before 2007 but coming to a level of before 2008 crash...therefore inflation measured by the government hasn t picked up as some thought and that eventualy stoped gold from rising through 2000 level. now we have the inflated ballon we just need more wind ( currency changing hands via loans, buying, etc...) to get the inflation that will propel gold higher....global tensions can put a flor in for the price but can t consistantly push prices higher.