Central Banks Buy Gold, Print Money
Central banks bought 534.6 tons of gold during 2012, the largest amount in 48 years. Interest is clearly growing in gold as an international monetary asset as more countries have[...]
Central banks bought 534.6 tons of gold during 2012, the largest amount in 48 years. Interest is clearly growing in gold as an international monetary asset as more countries have[...]
Economics · FIRE · Politics · Regulation
A close look at the most recent statement from Federal Reserve Chairman Ben Bernanke after the formal announcement of QE3 a few weeks ago, plus articles and blogs in reaction[...]
The Federal Reserve’s “QE2,” also known as round two of quantitative easing, was supposed to drive mortgage interest rates lower, yet they have gone up. Meanwhile, the stock market is[...]
