Monday, August 16, 2010

HE WHO HAS THE GOLD MAKES THE RULES ...


This is a very good article written by Joan Veon

"There is an old adage which says, "He who owns the gold makes the rules." Specifically in the past eight years, I have written about (1) the value of the dollar, (2) the trade deficit, (3) interest rates and the Federal Reserve, (4) the stock market, and (5) gold.

The problems which confront us at this time include: (1) the changing value of the dollar, (2) the burgeoning trade deficit, (3) the actions of the Federal Reserve to raise (or reduce) interest rates which not only affect the stock market but affect the amount of money in our banking system to either cause spending (economic boom as a result of low interest rates) or stop spending (economic bust as a result or raising interest rates). Interestingly enough all of our financial and economic problems can be traced back to gold--which brings us to the real reason for all of the above".

Read more @ http://www.womensgroup.org/