Re: Inflation or deflation, it makes no difference for gold
in response to
by
posted on
Dec 08, 2008 08:55AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Oz, you must have been infected by the political supremacy running high in Ottawa, sorry just kidding.
Infusion of trillions, where do they come from ? The government has to steal that money and then hand it out to those with the highest paid promo people. It is a no win game, just so they look 'cool'.
People have 'lost' even more giga trillions in housing values and investement portfolios. Of course this money never existed but was fictious as long as everyone belived in continuous prosperity
I can't predict the future, but I am betting on that gold will keep its value better than anything else, deflation or inflation, so in relative terms (ask Einstein) we will do just fine