The financial doomsday

Simon Johnson (MIT) and Peter Boone (London School of Economics) claim that the economy is close to burst  its last economic bubble: a profound depression will paralyze the world, they claim, because interest rate are close to zero all over the world and there is nothing else to do.

Gold and Money Velocity

THE PRICE OF GOLD jumped 8% this last 2days, while world stock markets also pushed higher and the US Dollar dipped from a 6-month high on the currency market.