Loading ...In the 79-80 inflationary period when the cretins weren’t rigging the gold market, gold had great appreciation. I think it’s under performance is a direct result of gov interference in the markets and eventually the this rig will fail.
As far as deflation I just don’t know. On the one hand bankruptcies and defaults will send a lot of dollars to money heaven on the other hand the gov will be creating funds in a spectacular fashion.
I sure hope this all isn’t settled with gunfire but who can say?