Just passing this along....Investing in gold is political...
mariner67
Posts: 2,746 ✭✭✭
Seems Paul Krugman today writes that our political beliefs are biasing our investment decisions.
Is this wrong? I think not!
Many factors go into investment decisions and the current poor state of politics/our national/world course certainly should be a major if not THE major factor shaping our actions.
He seems to suggest our political views are damaging our investment decisions.
http://p.nytimes.com/email/re?location=InCMR7g4BCKC2wiZPkcVUr7bcRDqavMF&user_id=773d39c03fa782023c2655d0aa8b6cc7&email_type=eta&task_id=1365788765774450
Again, don't know how to link, sorry.
Is this wrong? I think not!
Many factors go into investment decisions and the current poor state of politics/our national/world course certainly should be a major if not THE major factor shaping our actions.
He seems to suggest our political views are damaging our investment decisions.
http://p.nytimes.com/email/re?location=InCMR7g4BCKC2wiZPkcVUr7bcRDqavMF&user_id=773d39c03fa782023c2655d0aa8b6cc7&email_type=eta&task_id=1365788765774450
Again, don't know how to link, sorry.
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I think many would be better off reading the back of the Kleenex Box while sitting on the toilet than reading K-man. They would learn more.
Paul Krugman is about the most politically motivated economist I can think of.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey