The world is experiencing a debt deflation, yet gold is hanging tough above $800. In an interview with Financial Lifeline Radio, Rick says gold hoarders shouldn’t sweat the details concerning what comes next, since they are well protected.
Click here for the full audio of Rick Ackerman’s interview.
I liked your comment regarding “deflation or inflation” and that either way gold is holding up well.
It sure is confusing as too what is really happening. I think that there is both going on right now. That there is deflation in big ticket and luxury items, and inflation in basic goods (food, toilet paper etc..).