“The Dark Side of the Gold Boom” is a series of special reports on Bloomberg Television, Bloomberg News, Bloomberg.com and Businessweek.com that examines gold’s longest bull run in six decades.
Part I is here
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries." -Bill Gross
Signs continue that European markets are getting tired. The Spanish and Italian stock markets, big beneficiaries of the sharp decline in their bond yields over the past few months are falling to the lowest since Feb 1. The European bank index is at a 1 1/2 week low after earnings reports from Commerzbank and Credit Ag (RBS bouncing although reporting weaker than expected earnings) were disappointing. This market action is in spite of the German IFO business confidence figure which rose to a 7 month high coming in a touch above expectations and Italian consumer confidence which bounced more than...
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December 21st, 2010 at 9:04 pm
http://search.yippy.com/search?input-form=clusty-simple&v%3Asources=webplus&v%3Aproject=clusty&query=Blood+Minerals+conflict
after ‘Blood Diamonds’, ‘Blood Minerals’ are the new Black..
December 21st, 2010 at 9:19 pm
Now they want to blame gold bugs for lead poisoning of Nigerian children? Oh this is rich….
The saddest part of this whole saga, is that as the gold bugs are vindicated & when this ponzi scheme is over & the dust settles — we gold holders will be villified.