Gold’s 30% Surge Puzzles Bernanke

It’s hard to decide what’s more frightening: that investors are losing confidence in paper money or that the shepherds of the world’s major currencies don’t get what’s going on. Gold’s climb of almost 30 percent in a year reflects fear, not just market concern over inflation or deflation risks. People have lost trust in the global financial system.

2010-06-14

 gold economy globalization USA Federal Reserve currency global

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