There has never been a better time to switch to gold. By that I mean to choose gold as your unit of account, your personal money. To hold your savings in gold. To measure your investment returns in gold. To keep your books in gold. In fact, it's not just a "good idea", it is vital to your future!
Filed under Banking, Economy, Freedom, Regulation, home currency, monetary universe by
Although nobody wants to use the "N" word, more and more economists, including Nobel Prize winners, are saying that this is really our only choice. Of course it will only be "temporary". Maybe it will be "partial". But any way you slice it, it will be ugly. Thanks to a tip from Seeker Blog editor Steve Darden, I recently came across a great opinion piece in the Financial Times called "To Save the Banks We Must Stand Up to the Bankers". In this article, Peter Boone, a researcher at the London School of Economics and Simon Johnson, former IMF chief economist, and professor at the MIT Sloan School of Management, give us the following memorable quote:
Filed under Banking, Economy, new highs, nz dollars by