When you talk to investors as to why they buy gold, many look to the precious metal as being a hedge against inflation. But since 2011 we have been experiencing deflation and the yellow metal has felt the affect of an overall declining commodity market. Many that have been relentlessly bullish on gold since 2011 point to inflation in the …
Read MoreSep
19
2014
Gold and Silver Feeling the Deflation Blues
By: Doug Eberhardt
Category: Gold
Tags: contraction, copper, Corn, credit, crude oil, Deflation, gas, Gold, Inflation, Japan, M2, money supply, money velocity, natural gas, silver, sugar, wheat
If it looks like a duck and walks/quack/flies etc. like a duck, it is a duck! I have been one of the few out there who sell gold and speak of deflation. It’s easy to talk about all the money printing the Fed does and cry inflation, but one has to see the price action and look at the bigger …
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