Gold’s Meteoric Rise
The price of gold has gone on a tear this summer, from slightly under $1500 per ounce to well over $1800 per ounce, and it looks like it wants to go higher. What gives?
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Well, if you bought gold last spring, …
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Author: Dr. Mark W. HendricksonProfile: — Dr. Mark W. Hendrickson is an adjunct faculty member, economist, and fellow for economic and social policy with The Center for Vision & Values at Grove City College. Website: http://www.visionandvalues.org/ August 22, 2011 Gold’s Meteoric RiseThe price of gold has gone on a tear this summer, from slightly under $1500 per ounce to well over $1800 per ounce, and it looks like it wants to go higher. What gives? August 17, 2011 Big Deal or No Big Deal?As the August 2 deadline for a debt-ceiling deal drew near, many expected a big deal that would significantly change the direction of federal fiscal policy. After weeks of tumultuous negotiations, partisan bickering, and impassioned histrionics, the agreement that finally … August 8, 2011 Bernanke and the Potemkin EconomyOn July 11, The Center for Vision & Values posted my article decrying the insulting name-calling directed toward Federal Reserve Board Chairman Ben Bernanke. The very next day, Bernanke made me question my forbearance by telling Congress that … August 1, 2011 Going to the Brink: The Aug. 2 Debt Ceiling DeadlineSome have called August 2 “Financial D-Day.†That is the date, according to Treasury Secretary Geithner, by which either Congress raises the debt ceiling or some government disbursements will cease. July 22, 2011 Solutions for the ‘Tax Gap’In 2010, there was a “tax gapâ€â€”i.e., the difference between federal taxes owed and those actually paid—of $410–$500 billion. |