November, 2008
LiveWire Economics Blog - November 5, 2008 11:28
The gold decline at election time
The presidential election held to pre-election polling form on Tuesday (November 4) evening as Barack O’Bama carried all of the states expected and stole a few states won by President Bush in 2004. The election has already impacted investors who were in a hopeful mood leading up to the results on Tuesday. Investors pushed the [...]
US Inflation: Like a Hurricane!
“A COUNTRY’S LONG-RUN INFLATION is caused primarily, or perhaps exclusively, by increases in its own monetary base,” wrote Richard G.Anderson – a vice-president and senior economist at the Federal Reserve Bank of St.Louis – in a 2006 paper. Which would mean America is about to get hit by a hurricane of money-blown inflation in the [...]
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