Most can agree we are coming into one of the most economically destabilised times in modern history. All the talk is whether the world economy is going to go through major inflation or deflation in the short term. If you look at gold as a crisis hedge rather than an inflationary hedge it really doesn't seem to reflect as much importance which one it is with gold. Silver on the other hand is seen as more of a volatile proposition and would be a much better performer in an inflationary market would it not? Here is the article which got me thinking about gold http://inflationdata.com/Inflation/Inflation_Rate/Gold_Inflation.asp Note in 2008 GFC gold fell 30 percent whilst silver fell over 120 percent. Since this would be considered a crisis, is this article flawed in its theory or is it just PM market overreaction to GFC? Is it time to swap gold to silver at least until Fed announces direction of its strategy going forward regarding Quantitative Easing?
I read today the reason why the US is not in hyperinflation is that all central banks are inflating their currencies, so there is no ready reference to show its individual inflationary effects, this make sense me, with the central banks all revealing their inflation targets publicly notifying other central banks of how much more they can print. With this in mind Gold is our only hope
I know I know but were talking silver which cant go negative. Can you explain precipitously? I have not heard of the word and im not trying to be a smart ass i seriously have not lol
