Comment

Breaking: Senate Passes Stimulus

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Killgore Trout2/10/2009 11:32:25 am PST

re: #726 DeafDog


Will this package spur the recover? Perhaps, but if it does, it will be at the cost of inflation.


Last I heard inflation risk was pretty low but you might be right….
Gold rises on doubts about government plans

Also helping gold move higher was speculation that the $800 billion-plus U.S. stimulus plan may boost inflation in the longer term, increasing the metal’s appeal as a hedge against rising prices.