Contra Bernanke on the Gold Standard

In his lecture at George Washington University on March 20, 2012,  Federal Reserve chairman Ben Bernanke said that under a gold standard  the authorities' ability to address economic conditions is significantly  curtailed. The Fed chairman holds that the gold standard prevents the  central bank from engaging in policies aimed at stabilizing the economy  after sudden shocks. This in turn, holds the Fed chairman, could lead to  severe economic upheavals. According to Bernanke,.....

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Economic Collaps????

Labyrint

Gold is Money , Gold Price up to $ 7000?

James Rickards explains that approximately 1.5% of major investment holdings are in gold, leaving massive room for demand growth. According to Jim, if this allocation percentage as little as doubles, the price of gold could easily double as well.

Source: Gold Prices Biz

Goudprijs gaat stijgen

 De Amerikaanse beursgenoteerde Gold Corp voorspelt dat de wereldwijde financiële zorgen de goudprijs dit jaar boven de US$ 2.000 per ounce zullen stuwen. Die prijs kan in de komende jaren zelfs verder stijgen, zegt president Rob McEwen van US Gold Corp.




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Gold for oil