Over at the Wall Street Journal’s European edition (paid subscribers only), Frenchman Jacques Attali reckons we are all on the road to Weimar now. That is, he believes the entire planet may be headed for a depression and massive inflation. We are slouching towards Weimar Germany, where inflation was rampant…
February 16th, 2009 | Dan Denning | 7 comments | ContinuedAll Posts Tagged With: "Dow/Gold ratio"
40 Years of Inflation, 80 Years of Dow/Gold
If Wall Street stocks can surge 160 points on falling earnings, an 11% drop in housing starts, and a 16-year record for consumer-price inflation, then so can everything else that doesn’t carry a picture of George Washington. Crude oil, rice, Gold, the Euro, wheat, emerging market bonds, copper…anything that’s not stamped with the all-seeing eye of the Dollar looks a great bet once again.
April 17th, 2008 | Adrian Ash | 0 comments | Continued