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Deflation or inflation?

Savvy investors can benefit from either economic scenario with appropriate strategies

The plunge in the price of gold from a peak of US$1,900 per ounce in 2011 when hyperinflation fears were at their peak to around US$1,240 now is another sign that inflation pressures are weak - PHOTO: BLOOMBERG

EVER since the global economy started to "recover" from the global financial crisis in 2009, a constant concern has been that all the money printing by central banks in the US, Europe and Japan will result in sharply higher inflation in developed countries. This has not happened. In fact, over...