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Posted by Floyd Bernier on 6/10/2009 4:33:58 PM
I enjoyed this article very much. The one thing I can't seem to sort out is Mr. Taylors recomemdations regarding holding cash or buying gold in a deflationary environment.My thinking is that although gold may do well during a deflationary period, cash would be king, especially if inflation is on the horizon. He didn't offer any specifics cash vs.gold. Your thoughts please.
Reply from the Daily Bell:
Do you really want to hold a US dollar these days - even in a deflationary environment?
Posted by Erick Tippett on 6/11/2009 2:09:23 AM
I enjoyed Mr. Taylor's interview
and agree, you can have deflation
and inflation occurring in the same
time frame. By the way Mr. Robert
Prechter also spoke of the danger
of a deflationary depression several decades ago! Have you
ever invited Mr. Prechter to have
an interview with your newsletter?
Erick Tippett
Chicago, Illinois
Reply from the Daily Bell:
Good idea.