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|User Info||Pillars of deflationists' arguments disputed; entered at 2007-12-01 19:00:32|
Registered: 2007-10-12 Chicago
I will admit that the inflationary scenario stems from Pupulva and Sciff, both owners of the physical metal. Neither are selling. Rogers is buying "some" gold but doesn't like it's historical price at it's highs.|
Gold is demanding more dollars for purchase. There are more dollars in the economy hence the higher gold price. The price of gold will go down when the supply of dollars goes down.
I'm really hoping the deflationary light bulb goes off. Is there some psychadelics I should be taking or less of them to understand this ?
::rubs deflation lamp waiting for answers::