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Tag: money crisis

Gold Jumps after Central Banks Launch “Prudent” Liquidity Measures, S&P Downgrades “Leave Banks Facing Short-term Funding Concerns”

Posted on December 1, 2011

London Gold Market Report U.S.DOLLAR gold bullion prices leapt 1.7% in 30 minutes Wednesday lunchtime in London – hitting $1744 an ounce – following an announcement of coordinated action from central banks worldwide…

The Money Crisis’ First Blush

Posted on November 24, 2011

“I cannot think of anything which would more surely lead to a danger of all-round deflation than the collapse of international monetary confidence.” – Roy Jenkins, then British chancellor, debate on the…

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