June 20, 2013

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THE ALCHEMICAL GOLD STANDARD

AsĀ  you know by now, I am a subscriber to that wonderful electronic newsletter from Great Britain, The Daily Bell, and often write and comment about their articles here, and I had to say something about this one: A Gold Standard Is Good? We note of course the story we have covered here in previous blogs, namely, the move of the Asian powers - China, Russia, Japan, and India, and more recently, Iran, away from the dollar as their reserve currency, to direct currency exchanges, and not, according to The Daily Bell, rumors that they will also partially base their trade on gold. But there … [Read more...]

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