Posts Tagged inflation
Global Gold
We applaud the rise of gold at Bozongo. Perhaps it’s wishful thinking on our part, but — theoretically — markets should start looking for a way around central banks. It seems the Fed and other central banks around the world have finally revealed the limitations of monetary policies based on fiat currencies. Now the market [...]
Funding for Emerging Markets
A big difference between the current economic crisis and other post World War II downturns is that there are no safe shores now. In 1998, when the Asian financial crisis knocked emerging market economies there was still a great deal of liquidity in the World as well as plenty of markets for exports. This is [...]