Search found 2627 matches
- Thu Jun 23, 2011 1:12 pm
- Forum: Permanent Portfolio Discussion
- Topic: Why Investors Should Fear The Permanent Portfolio
- Replies: 109
- Views: 48095
Re: Why Investors Should Fear The Permanent Portfolio
Clive, was your scenario the central bank trying but failing to halt a slide in the value of the currency and so gold still doing better than cash? I suppose the hypothetical future currency tussle that would be like that would have to be versus some emergent new contender as a reserve currency????
- Thu Jun 23, 2011 12:55 pm
- Forum: Permanent Portfolio Discussion
- Topic: Why Investors Should Fear The Permanent Portfolio
- Replies: 109
- Views: 48095
Re: Why Investors Should Fear The Permanent Portfolio
Clive, wouldn't cranking short term rates to high levels be purely a central bank mediated chosen decision (as by Volcker in the early 1980s) done specifically to strengthen the currency especially relative to gold. Back then it hit gold hardest so wouldn't it do the same now? I thought the cash por...