M. Faber: ...a more meaningful correction in the price of gold is now underway.

alberich , Samstag, 15.12.2007, 08:18 (vor 6191 Tagen)

Dr. Marc Faber: 2008 outlook for currencies, stocks and commodities
Back in the summer of 1988 I was glomming around northern Virginia. My best friend worked at Mount Vernon Manor, George Washington's solid gold house, making and selling hamburgers. He explained to me that there had been a couple of instances of Japanese tourists trying to pay for a $1 orange juice with a $100 bill (and not looking for $99 in change).

When purchasing power gets out of whack, as is currently happening in the US, it makes the news. However, there are many factors other than currency movements that can lead to a rebalancing of purchasing power parities. Let me explain.

Tuesday, December 11 - 2007 at 09:20

http://www.ameinfo.com/141441.html