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WAPO wants you to buy gold, but does this really make sense?   Historically, gold price goes up during recessions and drops afterward, as investment flows to industries that benefit from recovery.  Several industries benefit from recovery, for example energy prices and demand for consumer electronics go up in a recovery. Looking at the macro picture, we seem to be having a slow recovery right now.
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WAPO wants you to buy gold, but does this really make sense? Historically, gold price goes up during recessions and drops afterward, as investment flows to industries that benefit from recovery. Several industries benefit from recovery, for example energy prices and demand for consumer electronics go up in a recovery. Looking at the macro picture, we seem to be having a slow recovery right now.

Source: Washington Post

    • #Washington post
    • #wapo
    • #gold
    • #economics
    • #math
    • #history
    • #bad advice
    • #business week
  • 1 year ago
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This blog has links to music which is offered on sites that encourage sharing on tumblr. I only link from reputable sources, in most cases the artists or record label on a site. Though I have never hand an infringement complaint, as a musician controlling the distribution of my music is important to me. I image other artists feel the same way. If you believe something is here that should not be, just ask me about it.

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