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Sunday, July 17, 2011

How Gold Performs During Deflation


Despite the undue attention that has been paid to the chimera of inflation
this year, it should be clear by now that deflation is the far greater
structural problem. One clue that deflation, not inflation, is the main
issue can be seen in the biggest form of savings and investment among the
U.S. middle class, namely real estate.

View full post on The Market Oracle

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