15.09.2015 - Gold $5,000: Here’s What Paul Krugman Gets Wrong on Gold Prices
As gold prices continue to decay, many suspect an interest rate hike from the Federal Reserve will suppress gold price forecasts. To reach a decision, the Fed will consider a range of economic indicators that, according to Nobel laureate Paul Krugman, suggest a continuance of low interest rates. Whether or not the Fed will raise rates is a hotly disputed topic in financial circles. Just turn on Bloomberg or CNBC and a pair of talking heads will be squabbling over Janet Yellen’s latest speech, eagerly dissecting her state of mind. To be blunt, they rarely say anything worth listening to...............................................Full Article: Source
Print