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Inflation, deflation, or both?
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OldMcdonald
Posted 10/7/2014 09:07 (#4113694 - in reply to #4113644)
Subject: RE: The Wager.


Napanee, Ontario
well you don't really seem to have a position, or a guess, so by virtue of that... my guess (posted under OP above) is in fact better than yours.

your position looks to be burning a straw-man:

"In the "immediate" future we will experience a stock market crash"

Please show me where in the article the reference of time was associated with this event.... and since you quoted immediate, you can show me that in the article too.

......
"the price of gold will be "dramatically" higher or lower than today"

This is actually what he says:

"Whatever that floor may prove to be, gold will stabilise. Then, inevitable inflation will cause renewed interest in gold by the misinformed, as it begins its inflationary rise.
"Whatever level of drop gold experiences as a result of deflation, gold will rise up"



Edited by OldMcdonald 10/7/2014 09:10
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