Stimulating Depression Through Government Spending
Bill BonnerChina’s lending curb sparks a rush for safety.” That’s how The Financial Times describes what happened yesterday. Investors were more moved by fear than by greed. Dow sold off 112 points. Gold dropped $27. The dollar and bonds were up.
Yes, I noticed that gold was falling two days in a row as the markets were falling. Always when the NY exchange was open. So they are selling their stocks and gold and moving the money where?