The Greeks are learning the tough consequences of worshiping a false god. For years they sought the blessing of Keynesianism, only now to find it comes with a price…..
GOLD THOUGHTS by Ned W. Schmidt, CFA, CEBS Schmidt Management Company The calendar date is now sufficiently far enough in the future from the injection of massive amounts of liquidity by the world’s central banks in 2008 that if inflation was to be a consequence of that action, it would be readily evident. However, as … Continue reading “Gold Thoughts”
Gold may be the only defense for wealth subject to bad economic policies enacted to remedy the previous errors.