... Not sure if you're joking or not, but gold is very inflated right now becaus... | Hacker News

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		icey on Feb 19, 2009 \| parent \| context \| favorite \| on: Ask HN: Just cashed out for 2M. What now? ... Not sure if you're joking or not, but gold is very inflated right now because everyone is panicking and running to it.

len on Feb 19, 2009 [–]

using the word 'inflated' assumes that the stock market has overreacted on the negative side. this is not the case, in my estimation.

the significant spread between bullion and future contracts is also telling.

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