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horgad
1000+ Penny Miser Member
USA
1641 Posts |
 Posted - 04/09/2009 : 08:28:32
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Gold does well during both inflation and deflation. So, many have stated that gold is a hedge against economic turmoil.
Saying that gold is a hedge against government is probably more correct than saying that it is a hedge against inflation, but the government is not always the cause of economic turmoil. It just seems that way since they probably cause the problems 95% of the time.
Natural disasters, for example, would be another cause.
But still kudos to him for the article. I like the ring of his message... |
Edited by - horgad on 04/09/2009 08:31:45 |
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Gold is a hedge against government, not inflation
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