Je inflácia našou budúcnosťou?

Rast ceny zlata od zčiatku nového milénia indikuje, že finančná budúcnosť pravdepodobne nebude až taká ružová. Analytici sú rozdelení na skupinu inflacionistov a deflacionistov, čo sa týka ďalšieho vývoja. My sa radíme k tým prvým.

At present, there is a lot of confusion amongst the investment community and opinion is divided as to whether we will witness inflation or deflation.

On one hand, the deflationists are claiming that given the extremely high debt levels in the West, further inflation is impossible. On the other side of the argument, many proponents of inflation are calling for Zimbabwe style hyper-inflation. In this business, everyone is entitled to their opinion; however it is my contention that we will get neither deflation nor hyper-inflation. If my assessment is correct, once business activity picks up, our world will have to deal with high inflation.

Now, given the uncertainty in the world today and the ticking inflationary time-bomb, my view is that gold will soon embark on its north-bound journey. So, I suggest that investors hold on to gold and the related mining companies which will probably continue to perform well until next spring.

As far as silver is concerned, it has always been a high-beta play on the direction of gold. If the next up leg in gold’s bull-market materialises, the price of silver will also head towards the heavens. Accordingly, investors may also want to allocate a portion of their investment portfolio to silver bullion and silver producing companies.

Článok: news.goldseek.com/GoldSeek/1253772540.php

24.09.2009