Gold is up 50% over the last 12 months and explanations for the leap abound. Surging government debt. Sticky inflation. Weakness in the international reserve currency, AKA the dollar. At the root of all these explanations is the notion that gold is an alternative store of value to fiat money – currencies issued by governments […]
Tag: Currencies
Posted inAT+
Yen’s loss could be yuan’s gain
Posted inAT+
Dollar’s pain not yet the yuan’s gain
Posted inEuropean Union, Iran, Middle East, Turkey, World
Turkey’s currency bubble pops
Posted inEuropean Union, France, Germany, United Kingdom, World
