Gold Rallies as Investors Fret about Inflation
Dec 8th, 2008 | By Contrarian Profits | Category: Financial NewsGold surge fuelled by inflation fears… Deflation seen short-lived… Platinum boosted, helped by auto sector optimism
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Gold surge fuelled by inflation fears… Deflation seen short-lived… Platinum boosted, helped by auto sector optimism
Will November’s emergency global financial summit result in a “new global financial order”? European leaders are pressing for a fundamental change in the US-centric monetary system. Jason Simpkins says a similar crisis meeting in 1944 gave birth to the Bretton Woods gold standard. But there are reasons to doubt such a major reform this time around.