[lbo-talk] Gold: the next bubble

123hop at comcast.net 123hop at comcast.net
Thu Apr 21 14:56:12 PDT 2011


Talk of gold going to 5000/oz. And discussion of how this would be the result of inflation.

http://money.msn.com/investment-advice/why-gold-could-hit-5000-dollars-mirhaydari.aspx

But I don't see inflation. I see a deflationary spiral, reflecting the race to the bottom.

So, if it's not inflation related, it would just be the next bubble, yes?

Thoughts?

Joanna



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