Gold Meltdown or Mania?
The fear in the US now is due to the strong possibility of serious deflation and a “double-dip” recession. Obviously should prices fall, then one could expect gold to fall also – at least temporarily, until other economic factors come into play later (inflation for example).
However, it’s not entirely certain that gold will fall to such an extent, or even if it will fall much at all, as Louis James ponders in: Gold Meltdown or Mania – Batten Down The Hatches
Categories: Economy
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