In the inflation-reflation debate, gold could win
Repost from 2-18-2021
“Weighing the pros and cons, we believe history provides the best guide. The Japan model makes a compelling case against inflation; however, the post-WWll model makes an inflationary cycle the most likely outcome, given the overwhelming stimulus efforts. This would be the most bullish for gold, although, a low growth, low inflation outcome presents abundant risks that could also drive gold for years. Such risks include debt problems, even more radical fiscal and monetary policies, worsening income disparity and social unrest.”
USAGOLD note: Inflation, deflation, stagflation, disinflation, or hyperinflation – gold is a historically proven hedge against any and all no matter in which order they arrive.