In a recent book titled “The Next Decade” by George Friedman, Mr. Friedman makes the point that the US remains the world economic power with 25% of the world economic production. His contention is that the US President must exert that power in many ways, always mindful that the USA is the world’s economic powerhouse.… Continue reading Sending US Dollars Overseas
Tag: inflation
The Future Price of Gold – The Golden Dilemma
A recent research paper by Erb & Harvey, Duke University – Fuqua School of Business; National Bureau of Economic Research (NBER), revised August 3, 2012 is titled The Golden Dilemma In this paper, many of the ‘street’s’ beliefs in gold are examined in a detailed and historical context. The paper is too lengthy for this… Continue reading The Future Price of Gold – The Golden Dilemma
The Commodity Cycle & the New York Hard Asset Show
The New York Hard Asset Show Each year I attend the New York Hard Asset show in early May. As the name suggests, it is a gathering of people that think investments in paper currency are less preferable than investments in hard assets. The gathering is a mix of Letter Writers trying to illustrate their… Continue reading The Commodity Cycle & the New York Hard Asset Show