They never do. They drop and dip and gain and rise on exchanges. But at no point has gold bottomed out. Hypothetically even if a currency does. Gold still retains value as a sought after exchange.
If gold floods the markets perhaps it might cascade. But where is this globally, reserves, not accounted for? There are some new finds, but not enough to significantly impact the market prices.
Some of my wetter dreams involve gold going back to $1600. Well, that and lots of naked midgets.
They never do. They drop and dip and gain and rise on exchanges. But at no point has gold bottomed out. Hypothetically even if a currency does. Gold still retains value as a sought after exchange.
If gold floods the markets perhaps it might cascade. But where is this globally, reserves, not accounted for? There are some new finds, but not enough to significantly impact the market prices.
I think he invented the philosopher stone?
Serious question, what do you mean by "PM are going to puke with market due to deflation"?
... so will be a good time to buy while they are low?