Monday, June 4, 2012

Robert Prechter and James Turk on inflation vs deflation

http://www.youtube.com/v/aVm-aVA-kU8?version=3&f=user_uploads&app=youtube_gdata

Robert Prechter of Elliott Wave International discusses inflation and deflation with GoldMoney's James Turk in this podcast. They also talk about GoldMoney, and the advantages of owning allocated gold stored at secure vaults.

Both men differ on the question of whether or not inflation (defined as a rising price level) or deflation (when prices fall) will be the dominant economic trend in the years

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