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  • Gold Economics Questionable; Facts Forecast Lower Prices  [View article]
    "I remain skeptical that the amount of currency in the system is actually increasing, since the velocity of money has fallen so precipitously"

    "So what is the likelihood for gold prices should we actually have a deflationary cycle and the amount of gold increases?"

    I'm not much more than a gold bug, but aren't we printing money? Isn't China showing concern toward that end? and isn't everything pointing to a weakening in the dollar? Why wouldn't gold go up?
    A continued deflationary cycle I thought speeled doom for the economies of the world, surely everyone and everything is pointing toward recovery and inflation.

    And what about demand? Won't future emerging nations increase demand? I don't buy anything in this article as useful. I've just read article after article in 2008 about the downward manipulation of gold prices. I think this article is based on a personal fantasy.
    Mar 24 10:57 am |Rating: +1 -1
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