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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (27845)3/4/2005 8:37:19 PM
From: George K.  Read Replies (2) | Respond to of 110194
 
The Creature From Jekyll Island by G. Edward Griffin had some interesting insights on the events leading up to the Great Depression.

I really enjoyed this economic history because of the way the author, a real gold bug/hard money type, toned down the rhetoric, stuck to the facts and argued his case. I gave it my own "book of the year award" for 2004 - a lot for me since I am generally hostile to the gold bug cause and a fan of Greenie and central banking in general.

Geo.



To: Elroy Jetson who wrote (27845)3/5/2005 6:19:04 PM
From: regli  Read Replies (1) | Respond to of 110194
 
This is a very interesting point. I read that it was mostly driven by mistrust on the part of depositors in the dollar as liquidity was greatly increased. People increasingly exchanged dollars for gold and therefore but a strain on gold stocks.

Do you think it was a combination of the two or primarily driven by the UK’s problems?


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