Turk makes an interesting point that the Great Depression was deflationary because the dollar was linked to gold - the government couldn't run the printing presses.
This time, we know the dollar is not linked to gold - is that a helicopter I hear?
Saturday, October 11, 2008
Latest GoldMoney Review: We Are in the Sixth Inning
The latest market review and commentary from James Turk at GoldMoney.
Turk makes an interesting point that the Great Depression was deflationary because the dollar was linked to gold - the government couldn't run the printing presses.
This time, we know the dollar is not linked to gold - is that a helicopter I hear?
Turk makes an interesting point that the Great Depression was deflationary because the dollar was linked to gold - the government couldn't run the printing presses.
This time, we know the dollar is not linked to gold - is that a helicopter I hear?
Subscribe to:
Post Comments (Atom)
Most Popular Articles This Month
-
This Thursday, we're co-hosting a free "trading training" webinar with our colleagues at TradingWins.com . Our goal is ...
-
This article was originally published on my new site and newsletter, Contrarian Profits . The panic selling in precious metals is givin...
-
The gold standard these days has been reduced to a distant memory and fantasy of hard money proponents. IF we returned to a gold standard, ...
No comments:
Post a Comment