At New World Economics, Nathan Lewis explains the yen has declined against gold in recent months but remains strong relative to the more rapidly falling dollar.
The LA Times’ Tom Petruno suggests Congress’s stance on China, plus Federal Reserve policy, is driving the dollar down.
On The Kudlow Report, Peter Schiff debates rising gold:
In a poll by Macleans magazine, Robert Mundell loses to Blackberry creator Mike Lazaridis as Canada’s greatest innovator.
At Zero Hedge, Tyler Durden analyzes the national debt.
Also on Kudlow, Stephen Moore discusses the coming election:
Nathan Lewis unnecessarily goes to great length to complicate the fact that gold has become more expensive in all currencies.
ReplyDeleteOr is that what he wanted to say? Maybe he wanted to say that the yen has not stayed constant with the USD?
Or maybe he doesn't know what he wants to say and he just needs to fill empty space?