| Property | Value |
| Name | September 30, 2009 - Of Gold and Governments |
| Description |
Lead Article “Gold should also have modern appeal in a world increasingly suspicious of central planning. The gold standard is an automatic mechanism, operated in a decentralized manner that coordinates the self-interest of all market participants. As such, gold is uniquely equipped to accommodate the greater sophistication and complexity that come with globally integrated markets. In contrast, central banking essentially is a form of central planning, applied to the narrow but ubiquitous precincts of money and banking." Gold and Liberty In the current economic and political climate, suspicion toward central planning is certainly evident. The gold price has risen concurrently. While its price is affected by myriad factors, there is no question that many investors value gold precisely because it is a form of money that cannot be destroyed “at the stroke of a pen.” . . . Inside this Issue |
| Filename | IG20090930.pdf |
| Hits | 81 Hits |
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