Growing debt problems and perpetual monetary stimulus have created heavily distorted financial markets. Moving forward a loss of confidence in central banker’s ability to foster growth could lead to a currency crisis. Gold (GLD) would stand to increase substantially in such an event as it may regain its monetary premium.
Introduction
Money, as a general subject, is likely the most important concept one must understand when entering the discipline of economics. Much of its function and purpose can easily be seen within any economy, dating back as far as civilization itself. Today, there