Source
2012/02/15
2012/02/11
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
Source: Gold Prices Biz
2012/02/03
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.
http://www.starnieuws.com/index.php/welcome/index/nieuwsitem/8854
http://www.starnieuws.com/index.php/welcome/index/nieuwsitem/8854
2012/01/25
2010/11/28
When Gold Booms.....
Nouriel Roubini, the cofounder and chairman of Roubini Global Economics, said that a gold standard is unlikely to stabilize the financial system. On the contrary, holds Roubini, such a standard can only make things much worse.
Conclusions
A pure gold standard is not conducive to business cycles. Contrary to mainstream economists, we suggest that it is the attempts of the central banks to bring about price stability and full employment that set in motion the menace of boom-bust cycles. The mainstream view that during an economic slump it is OK for the central bank to pump money in order to revive the economy confuses money with funding. Printing more money cannot generate more goods and services; it can only redistribute the existing wealth from wealth generators to the holders of newly printed money. In the process this undermines the pool of real funding and weakens wealth generators' ability to grow the economy.
Meanwhile... Gold Booms!
Source: Boom, Bust & Gold
A pure gold standard is not conducive to business cycles. Contrary to mainstream economists, we suggest that it is the attempts of the central banks to bring about price stability and full employment that set in motion the menace of boom-bust cycles. The mainstream view that during an economic slump it is OK for the central bank to pump money in order to revive the economy confuses money with funding. Printing more money cannot generate more goods and services; it can only redistribute the existing wealth from wealth generators to the holders of newly printed money. In the process this undermines the pool of real funding and weakens wealth generators' ability to grow the economy.
Meanwhile... Gold Booms!
Source: Boom, Bust & Gold
2010/10/18
Iceland Pension Funds Going Down.....
Iceland’s pension funds, which hold the bonds behind most of the country’s mortgage debt, will try to block proposals to forgive as much as $2 billion in bad loans that the government says it is considering.
A group that represents households demanding debt relief says lenders should write off up to 220 billion kronur ($1.99 billion) in mortgage loans to help the 39 percent of homeowners who are technically insolvent. The government this week said it may back the proposal as it responds to protests that drew bigger crowds than in the weeks before former Prime Minister Geir H. Haarde’s administration was ousted in January 2009.
source
2010/09/23
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