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Oil and Inflation: “Soaring Inflation Leads to Rising Bond, Oil and Gold Prices”

Started by tfn · 1 year ago

“When the price of gold goes up, the value of the stuff that buys it – paper – goes down. People are buying gold because they fear inflation is going to get worse. Typically, gold holds its value in an inflationary trend.” — Bill Bonner

by Bill Bonner, Daily Reckoning Australia and TFN

Blogger’s Note: Its it […]SHARETHIS.addEntry({ ... Continue reading »

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