His biggest mistake was to let gold price pass $800 in the early 1980s.
one has to wonder why.
the key isn't about gold's future trend, it is about Sovereing debts' future. Will all developed nation pay off there debts?
the answer is obvious, thus who cares GS and JPM's naked shorts!
At early 80's Paul volkcer had capability to bring down the inflation of currency, does benanke have the same capability today given this financial system is over leveraged everywhere from banking sector to real estate to stock market?
one has to wonder why.
the key isn't about gold's future trend, it is about Sovereing debts' future. Will all developed nation pay off there debts?
the answer is obvious, thus who cares GS and JPM's naked shorts!
At early 80's Paul volkcer had capability to bring down the inflation of currency, does benanke have the same capability today given this financial system is over leveraged everywhere from banking sector to real estate to stock market?
选择“Disable on www.wenxuecity.com”
选择“don't run on pages on this domain”
