johndaniels123

Gold's Divergence Between the Paper and Physical Markets

How can gold go to below 600 in a hyperinflationary environment? What about base production costs for gold, wont supply be held as the price drops? Gold at 500 means a super strong dollar; possible with a defaltionary trend. I agree there is some inflationary mask, and deflation symptome are apparent. Gold could drop temporariliy during htis trend. An I agree with the hyper inflatioanry overcompensation by the fed...Don't see gold dropping in the hyperinflationary trend.