The Future of Gold, From Two Bloggers

The gold market has entered the radar screen of Lila Rajiva, a libertarian writer more concerned with propaganda and the intersection of war and statism. Some time ago, she co-wrote a book on markets with goldbug mainstay Bill Bonner.

From a statement from Martin Feldstein, she interprets that there'll be a "concerted effort to push the gold prices lower..."


Another blogger, one closer to the thick of the markets, has publicly wondered: "Can Gold be the Next Currency?" An agnostic on the question, he nevertheless passes on the opinion of two hedge-fund managers who believe so.

Myself, I think the gold-as-future-currency is the "New Era story" that's going to be pushing gold into a real bubble. I explain why in an Enter Stage Right article that ended up being the inspiration for, or "version 0.1" of, this blog.