Posts Tagged ‘government bonds’

Rogoff on Gold Prices and Public Debt


Wednesday October 6th, 2010   •   Posted by Emily Skarbek at 5:03pm PDT   •   2 Comments

Ken Rogoff on rising gold prices and public debt: “At $1,300, today‚Äôs price is probably more than double very long-term, inflation-adjusted, average gold prices. So what could justify another huge increase in gold prices from here? “One answer, of course, is a complete collapse of the U.S. dollar. With soaring deficits, and a rudderless…
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