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AGORACOM Maintenance Alert: Going Offline Tonight, and Friday night for about an hour

Dear Members.

AGORACOM will be updating our server framework tonight and tomorrow night. As a result our discussion forums will be down for 1 hour or less.

These problems stemmed from our recent switch to a new web host and some issues with our DNS records (the settings that tell your web browser where our website is located). We believe we have squashed these bugs and are looking forward to pushing these updates through.

In anticipation of this scheduled maintenance we suggest the following:

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Best thing to do is to post comments on our blog. Alternatively you can reach us by emailing contactagora@agoracom.com

3. We expect the migration to be very smooth but please let us know if you have any issues.

4. If you are in Toronto, or the GTA, enjoy the weather! Summer is here so go out and have some fun!

We trust the above to be satisfactory as we strive to continually provide you with a great AGORACOM experience.

Thanks,
George and the AGORACOM Team

Message: Gold in times of deflation

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koetjeboe

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Gold in times of deflation

posted on Aug 22, 08 12:04AM

Insightful stuff you posted there, cruisie. My compliments. I don't think we're heading towards deflation yet. For all I know, the Fed wants to do anything but create another depression like the US had in the 30s. And most people agree that deflation was one of the big issues around that time.

Inflation is the obvious opposite and probably the only way to get rid of the enormous debts US citizens have, and let's not forget US Government debt! At present, inflation still stands at 16/17% y.o.y. and that's a long way from deflation.

As to how gold would do in times of deflation... I really haven't got a clue since I've never been there. We may assume that saving money would be much better than consuming, so there will hardly be any consumption left. Debts would grow and grow and banks would indeed be in trouble with borrowers not being able to repay their debts. Gold would then probably still be a good option, though logically all commodities should lose their value.

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