Justice Litle has not received any gifts yet
By: Jared Levy, Editor, Smart Investing Daily
World Bank President Robert Zoellick, a former member of the U.S. Treasury, made his case for bringing back the gold standard. This statement in the Financial Times comes just ahead of the G20 meeting in South Korea.
Mr. Zoellick said, "the system should also consider employing gold as…Continue
Financial markets in the last two years have been absolutely nuts. Huge moves in currencies, bonds, stocks, commodities – every market went crazy as the world nearly fell into a dark age. Yes, it was very close to "guns, ammo and water" time, much closer than any of the CNBC pundits would let on.
The financial markets seem a bit calmer over the past few months. Even with people flooding into U.S. government bonds because of safety concerns, the markets aren't making the huge moves…Continue
"...while Europeans no longer fear foreign armies, they are starting to fear foreign bondholders. Europe's existence as a "lifestyle superpower' has depended on an ample supply of credit..."
– Gideon Rachman, Financial Times
"...this is just another example of a short-term, leveraged solution, that merely adds to the burden of future problems..."
– Marc Ostwald, Monument Securities
I know the perfect gift for Angela Merkel (Chancellor of…Continue