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Dear CIGAs, Let’s keep things very simple: 1. The future of gold will not be determined by the USA. 2. The present manipulation in gold is purely Western, and any other thought is rank nonsense. This event is both short term and very short sighted in terms of people’s published analysis. 3. The triumvirate of Euroland, Russia and China will determine the future of gold as financial power has shifted from the West towards [...] September 11, 2011, at 9:59 pm Dear Extended Family, I am on the road once again. I am one hour from departure to Tanzania. A great deal of rescheduling had to be made but it all worked out. My Toronto meeting with a high level delegation from Tanzania was postponed because of the national tragedy involving the sinking of a ferry. Those that I had [...] Dominique Strauss-Kahn
The annual spring meeting of the International Monetary Fund was notable in marking the fund’s effort to distance itself from its own long-standing tenets on capital controls and labor-market flexibility. It appears that a new IMF has gradually, and cautiously, emerged under the leadership of Dominique Strauss-Kahn. Slightly more than 13 years ago, at the IMF’s 1997 Hong Kong meeting, the fund had attempted to [...] |
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