All Posts Tagged With: "gold as money"

post thumbnail

The Ghost of Gold at the Central Bank Banquet

Last weekend in Basel, Switzerland, central bankers from the G-10 group of rich nations met up for one of their regular hoe-downs. You can guess the main event in between canapés and champagne – academic chit-chat about interest rates, political pressure and banking supervision. The global financial crisis surely got plenty of air-time, too. After all, Ambac Financial – the giant “monoline” bond insurance group – last week issued and sold $1.5 billion in new shares and convertible bonds.

March 12th, 2008 | Adrian Ash | 0 comments | Continued
Subscribe to the Daily Reckoning

© Copyright The Daily Reckoning Australia & Port Phillip Publishing Pty LTD 2009 All rights reserved.

Port Phillip Publishing Pty Ltd holds an Australian Financial Services License: 323 988. View our Financial Services Guide.

ACN: 117 765 009 ABN: 33 117 765 009

Port Phillip Publishing
Attn: Daily Reckoning Australia
PO Box 899
Braeside
VIC 3195

Tel: 1300 667 481
Fax: (03) 9558 2219

SEO Powered by Platinum SEO from Techblissonline