Browsing All posts tagged under »Gold«

Is Gold A Bubble?

October 12, 2010

0

What exactly is an asset-price bubble? Economists still argue about the exact definition of a bubble, but in summary a bubble can be characterised by a negative feedback loop of rising asset prices attracting more buyers to a market, in turn driving prices higher and attracting more investors. In “New Palgrave: A Dictionary of Economics”, […]

Gold, Inflation, Deflation

August 31, 2010

0

When reading an article today on Bloomberg, entitled “Gold Rallying to $1,500 as Soros’s Bubble Inflates“, I couldn’t help but notice the following quote from Eugen Weinberg, an analyst at Commerzbank AG in Frankfurt: “Either a swift economic recovery or further dismal economic performance should bring new buyers into the market.  A stronger economy would […]