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: politicians, stealing, bureaucrats, deledefs, inflation, worthless money, Bubble, silver, gold, central bank
Unfortunately nothing was learned. As you may have registered the stock markets are going up. Well the suprise is not that large. There is so much funny mulitcolored paper available. Once it was known as curreny but it's does not have any worth. So Gold is up over 80% in two years. And the stock...
An intersting example of farsight of politicians. As some of you may know Greece, has terrible hard times with their deficits. some suggest that it has to be excluced from the EU currency area, however there are not provisions for such a case. And now the others are navigatint along a path which is against...