Tags » Real Money
Submitted by Tyler Durden
Now that everyone is breathing down the PBOC’s neck to finally reveal – with a five year delay – just how much gold it does hold, the Chinese central bank has done a U-turn on its indirect transparency and, as Reuters reports, has begun allowing gold imports through its capital Beijing, sources familiar with the matter said, “ 92 more words
The stock market has become a get rich scheme, and that is dangerous. Now for the most part, it’s seemingly based on speculation and not on production of real good which should equal real money or income.
Source: USAGold, by Michael J. Kosares
Under normal circumstances, I might let a rutty headline about gold in the Financial Times pass without much notice. I say “rutty” because the Financial Times has long been stuck in a rut as one of the principle apologists for Keynesian economics — big banks, big deficits, big governments and powerful central banks. 151 more words