Chart usGOLD   Chart usSILVER  
 
Food for thought
For the love of money is the root of all evil
Timothy 6:10  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1216.000.90
Silver 17.81-0.01
Platinum 1333.251.50
Palladium 810.002.25
WORLD MARKETS
DOWJONES 1728013
NASDAQ 4580-14
NIKKEI 16321254
ASX 543718
CAC 40 4461-3
DAX 97991
HUI 208-4
XAU 87-2
CURRENCIES (€)
AUS $ 1.4369
CAN $ 1.4062
US $ 1.2829
GBP (£) 0.7873
Sw Fr 1.2068
YEN 139.8300
CURRENCIES ($)
AUS $ 1.1203
CAN $ 1.0945
Euro 0.7795
GBP (£) 0.6141
Sw Fr 0.9400
YEN 108.9100
RATIOS & INDEXES
Gold / Silver68.28
Gold / Oil13.15
Dowjones / Gold14.21
COMMODITIES
Copper 3.090.00
WTI Oil 92.45-0.62
Nat. Gas 3.84-0.07
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
Didn’t see the Forest Fire for the Trees
Published : February 01st, 2013
143 words - Reading time : less than a minute
( 1 vote, 5/5 ) Print article
 
    Comments    
Tweet
Keywords :   Open Market |

One of the beauties of the modern age is that documents that once would have been either inaccessible, or taken years of sleuthing to locate, are now readily downloadable from the Web. One such set of documents is the transcripts of the meetings of the Federal Open Market Committee (FOMC) in 2007, all of which have now been released.

Everyone who wants to understand why we’re now mired in a permanent economic slump should read these documents—not because it will explain the slump itself, but because it confirms that those who were supposed to ensure that such calamities didn’t occur were clueless about the approaching crisis. Jim Cramer famously ranted precisely the same message at the time, and copped a lot of flak about it, but he was dead right—and the transcripts prove it.

Click here to read the rest of this post.

Thanks to Steve Keen from www.debtdeflation.com
Tweet
Rate :Average note :5 (1 vote)View Top rated
Previous article by
Steve Keen
All articles by
Steve Keen
Next article by
Steve Keen
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Steve Keen

Steve Keen is associate professor at the University of Western Sydney School of Economics and Finance. As an economist, he does something very unusual : he treats money seriously, and as a result he gets a very different result on how the economy operates.
Steve Keen ArchiveWebsiteSubscribe to his services
Most recent articles by Steve Keen
7/24/2014
6/30/2014
6/28/2014
6/27/2014
5/2/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer