Economist Editors Discuss Gold, Debt, and the Dollar

Posted by Adam Sharp - Monday, May 2nd, 2011

Philip Coggan and Andrew Palmer of The Economist discuss the dollar, inflation, the possibility of QE3, and the morality of national debt. Readers of the magazine may be familiar with Coggan from his weekly Buttonwood column, in the finance/econ section.

Coggan mentions that if the US were still under the Bretton Woods system, gold may be valued as high as $6300. That's quite close to John Williams alternate inflation-adjusted high of $7150, interestingly enough.


More like this...

Gold This Decade
What will happen to gold in the face of an aging population, outsourced jobs and peak oil? This clear, comprehensive video explains what will go down in the next decade...

China Buys 47% of the World's Gold
Analyst Greg McCoach discusses how rising Chinese gold demand will put significant strain on global supplies -- and may be the catalyst that will push gold prices over the $1,500 level.

Gold and Silver's True Inflation-Adjusted Highs
When you properly adjust for inflation, gold and silver are nowhere near their all-time highs of $7150 and $402.

Inflation Explained
From the folks who brought us the hilarious and educational video, "Quantitative Easing Explained".

China May Buy $1 TRILLION of Gold: Bloomberg
Bloomberg talks to an analyst who says China may buy as much as $1 trillion in gold, as the dollar crumbles into a pitiful heap on the floor.

Silver Pandas