Category: Quantitative Easing

Did the Liquidity Trap Cause the Hike in Gold Price?

I have stumbled upon an interesting article by Paul Krugman, a Nobel laureate in economics; the article offers an explanation for the hike in gold price in the last few years. Krugman, who considers himself a deflationista, i.e. a person…

Gold and silver prices outlook for September 2011

Gold price experienced during August one of the biggest rallies in 2011. During August gold price nearly reached the $1,900 mark; silver price also rose mainly in the second half of August, and even passed, at one point, the $43…