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Om gullprisen

Kommentar om gullprisen:

...it is vitally important that we do not confuse money — especially today's money, near limitless in its supply — with wealth, whose own supply is, by its very essence, severely limited.

we can draw attention to the exuberance in the financial markets — not least the record-setting flood of debt-financed takeovers and buyouts — but also to the rise in the prices of houses, office blocks, objets d'art, diamonds, autographs, metals, soft commodities, energy products, formerly exotic stocks, and — until very recently — just about every variety of bond.

Ask yourself whether the prices of all these disparate entities are rising, or whether the price of money is falling?

Sean Corrigan on Lewrockwell.com

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