Gold is exhibiting all the classic signs of being in a structural bull market. On fears of inflation in early 2008, it rallied. Then, on fears of deflation in late 2008, it rallied again.
So does gold perform better during inflation or deflation?
By Steve Ellis
Published: February 18 2009 16:26 | Last updated: February 18 2009 23:32
Gold is exhibiting all the classic signs of being in a structural bull market. On fears of inflation in early 2008, it rallied. Then, on fears of deflation in late 2008, it rallied again.
So does gold perform better during inflation or deflation?