Tag Archives: gold

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Bitcoin, Gold & Money

Author: David R. Kotok, Post Date: October 26, 2017
Cumberland Advisors Market Commentary by David Kotok

We start with a quote by Donald Trump, courtesy of CNN, May 16, 2016: “This is the United States government. First of all, you never have to default because you print the money, I hate to tell you, OK?” We juxtapose that quote with Francesco Bianchi and Leonardo Melosi’s excellent research paper published by the […]

Gold

Author: David Kotok, Post Date: April 19, 2013

Gold made the headlines with a rapid plunge, some possible basing, and then another plunge. Let’s talk about gold for a minute. Central bankers prefer to have the public, the investor class, and the holders of institutional wealth believe in the credibility of their central banking skills and their ability to manage their respective currencies. […]