Look Around: There's Major Commodity Inflation Happening Everywhere

Originally posted by tspark
reply to post by alienesque

 

i think it would....if i recall reading...deflation on all Dollar backed markets...would deflate considerably

it will be a slippery slope if it happens...

thanks...thats weird though...if the dollar completely crashed and was worthless..then gold would also be worthless in every main currency apart from dollar....which it simply cannot be...

strange...although..i suppose if the gold price fell to 10 euros an ounce then everyone in europe would buy some up pretty quick..pushing the price right up again...making it even more expensive in 'dollars'...that would really set of an incredible chain reaction...