Gibson's Paradox
Gibson's paradox has defeated all the mainstream economists who have tried to resolve it, including Irving Fisher, John Maynard Keynes and M...
Gibson's paradox has defeated all the mainstream economists who have tried to resolve it, including Irving Fisher, John Maynard Keynes and M...
There is frequent debate about the valuation of any asset or asset class. Sometimes the debate is fierce, and few investment topics evoke a...
SummaryThis paper seeks to establish a measure of currency quantity that helps economists identify and estimate the risk that confidence in...
It is more than 20 years since the collapse of communism in Eastern Europe and the Soviet Union. One would think that the rest of the world...
The London Bullion Market is the global trading centre for physical gold, and the Bank of England holds gold on behalf of other central bank...
With the rising gold price this past decade, there has been some discussion about the size of gold's aboveground stock, but little recent an...
I make this speech in the earnest hope that Croatia, which has emerged from decades of totalitarianism, along with her neighbouring countrie...
In a recent article in Fortune, Warren Buffett reiterated his well-known view on money. Far less celebrated, however, is the discerning vie...
In one important respect, gold is like any other asset. You want to buy it when it is undervalued, and sell it when the opposite is true â€...
I am no fan of Keynesian economics. I find most Keynesian economic theories to be just plain wrong. But for the sake of truth and accuracy,...
All money in the world today, except gold, is someone else's liability. Consider a checking account: You deposit money. It is your asset, b...
Until the formation of the Bank of England in 1694, money and currency were one and the same. Money was a tangible asset and this asset itse...
It is both a pleasure and an honor to be at this annual meeting of the Gold Institute, and I would like to sincerely thank everyone at the G...