Gold’s recent breach of the symbolic US$1,000 level has elicited a predictable amount of commentary from mainstream analysts. The problem is, much of it is ill-informed.
September 15th, 2009 | Greg Canavan | 0 comments | ContinuedAll Posts Tagged With: "People’s Bank of China"
Special Drawing Rights Used as the World’s Reserve Currency?
As usual, I get no feedback from the Chinese, perhaps thanking me for saving their economic butts by pointing out where they have been so stupid as regards this “gold money” thing by, you know, sending me a couple of tons of it, or even a fruit basket would be nice, ya know?
April 7th, 2009 | Mogambo Guru | 3 comments | Continued