People are saving, not spending or “consuming.” There is a tightening of credit occurring as consumers and businesses aren’t borrowing as they try to stay afloat. Add to this dynamic the fact that banks aren’t lending and we have the perfect credit contraction deflation storm.
Read More0May
20
2010
Gold Will Struggle To Maintain Its Trend; Is Deflation a Concern?
By: Doug Eberhardt
Category: Gold
Tags: Deflation, EURO, Gold, Gold Investing, HUI, Inflation, U.S. Dollar
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