Thursday, September 15, 2011

McAlvany Weekly Commentary

Handing Over the Keynes to the Kingdom: European Discipline Destroyed

A Look at This Week’s Show:
- Germany is anticipating the worst with plans for an aid package for its banks (assuming an imminent default in Greece).
- Rumor has it that a new Greek currency has already been printed awaiting “the news.”
- How long/high will gold continue in this bull market? The duration of the gold bull market will endure as long as Keynesian bias dominates the halls of the Fed, Treasury and educational academia.

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