this is the question. The Dax is up around 1000 points that are roughly 16,67 %, let's see what the Dow has done: up around 1000 points also that are roughly 9.6%. Well let's see Gold: roughly up 300 EUR from 750 EUR beginning of the year, that are gains of around 40%. Now is Gold a Bubble? Well...
Posted to
F Dominicus Blog
by
Friedrich Dominicus
on
Wed, Dec 29 2010
Filed under:
Filed under: politicians, stealing, bureaucrats, deledefs, inflation, worthless money, Bubble, silver, gold, central bank
Ben Bernanke, Chairman of the US Federal Reserve, faces a Sisyphean task because US banks are experiencing debt deflation and, because lending is now at much lower levels, monetary deflation is encumbering the domestic US economy as existing debts continue to be serviced. Government deficit spending...
Posted to
Hera
by
Ron Hera
on
Wed, Mar 10 2010
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Filed under: Federal reserve, US dollar, CPI, deflation, debt, inflation, GDP, central banks, money supply, US economy, central bank, M3
If a lawless gang of madmen, gamblers and alcoholics seized control of a large company, how would you expect the business to perform? How would you expect the story to end? What if, instead of a company, they seized control of the world's largest economy, thus, to some extent, the world financial...
Posted to
Hera
by
Ron Hera
on
Tue, Dec 1 2009
Filed under:
Filed under: Federal reserve, US dollar, CPI, deflation, inflation, GDP, USDX, central banks, Gold, US economy, central bank
The fact that investors around the world are turning to gold is remarkable. Unlike a bond, stored gold offers no yield and, unlike a stock, gold provides no leverage to the performance of an enterprise. Buying gold is not an investment per se, compared, for example, to buying a gold mining stock, where...
Posted to
Hera
by
Ron Hera
on
Fri, Nov 13 2009
Filed under:
Filed under: Federal reserve, US dollar, inflation, Asia, USDX, Gold, IMF, Bretton Woods, ETF, USGS, US economy, gold lease, SDR, GFMS, central bank, CBGA, LBMA
There's much to be said about the current financial crisis. At the heart of this, as every Austrian knows, is the fault the US government holds for creating the current situation through its central bank and its inflationary policy. This fundamental economic truth cannot be stated enough. Ignorance...