Gold Doesn't Care If It's IN-flation or DE-flation

Jastram performed a study of gold’s performance over a 416-year period injavascript:void(0) England's history (from 1560 to 1976). He found that historically gold has acted like a storehouse of value throughout wars, plagues, and the like. However, what’s most striking is that gold actually INCREASED its purchasing power during periods of DE-flation.



[Link]

at 6/24/2009 Labels:

0 comments:

Post a Comment

Subscribe to: Post Comments (Atom)

DISCLAIMER

The above is strictly for information purposes only and should not be considered an offer, or solicitation, to deal in any of the mentioned financial instruments. Statements made by various authors and other contributors do not necessarily reflect the opinions of this website, and should not be construed as an endorsement by this website, either expressed or implied. This website does not warrant the accuracy, adequacy or completeness of the information herein and expressly disclaims liability for any errors or omissions. The information is given on a general basis without obligation and on the understanding that any person acting upon or in reliance on it, does so entirely at his or her own risk. Any projections or other forward-looking statements regarding future events or performance of countries, markets or companies are not necessarily indicative of, and may differ from, actual events or results. Therefore, all information and materials are provided "AS IS" without any warranty of any kind.

THIS PUBLICATION IS NOT INTENDED TO PROVIDE ANY INDIVIDUAL INVESTMENT, FINANCIAL, LEGAL, REGULATORY, ACCOUNTING OR TAX ADVICE AND NOTHING HEREIN SHOULD BE CONSTRUED AS A RECOMMENDATION, BY THIS WEBSITE, ITS AFFILIATES OR ANY THIRD PARTY, TO ACQUIRE OR DISPOSE OF ANY INVESTMENT OR SECURITY, OR TO ENGAGE IN ANY INVESTMENT STRATEGY OR TRANSACTION. YOU SHOULD CONSULT YOUR OWN INVESTMENT, LEGAL AND/OR TAX PROFESSIONALS REGARDING YOUR SPECIFIC SITUATION.