So says Former Malaysian Prime Minister Mahathir Muhammad to Saudi Arabia. Who knows, if Bush’s “strong dollar policy” continues, the Saudis just might listen.
John Snow repeats the refrain again, apparently with a straight face. No howls of laughter from the crowd are mentioned, but even the reporter seems to be suspicious of the claim.
GLD, the “gold-ETF” I’ve posted on previously, is now trading on the NYSE. But James Turk raises some questions, such as, what are you really buying when you buy GLD? {C} “People who might have otherwise bought physical gold coins or bars, but wanted the same thing with more convenience, could be misled into thinking that they are buying physical
According to CNN , an Exchange Traded Fund (ETF) that prices next week will offer investors a chance to trade securities directly linked to gold prices.
What is the Mises Institute?
The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.
Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.