Gold is also a target of greedy speculators sometimes, even when the going is good. According to a study done by the World Gold Council, you never know what gold will do.
October 5th, 2009 | Bill Bonner | 1 comment | ContinuedAll Posts Tagged With: "speculators"
Government Debt Bubble is What Directly Precedes Inflation
First things first. The budget comes out tomorrow. Blah blah blah. What is really left to say? The Treasurer predicts collapsing revenues from the GFC and has cut spending in some places while increasing it in others. The annual deficit could be around $70 billion (we expect it to be lower so it’s ‘not as bad as we expected’)…
May 11th, 2009 | Dan Denning | 9 comments | Continued