The gold price
Hank Paulson's shocker! - Thursday 13th September 2007
HANK PAULSON, the US Treasury Secretary, told the Financial Times this week that the current turmoil in credit markets is set to last longer than any financial shock of the past two decades.
For the sake of US and European stock markets, let's hope that he forgot to include Japan's ongoing deflation in that analysis...
Adrian Ash runs the research desk at BullionVault, the world's No.1 private investor gold service online. Formerly head of editorial at Fleet Street Publications – London's top publisher of financial advice for private investors – he was City correspondent for The Daily Reckoning from 2003 to 2008, and is now a regular contributor to 321gold, FinancialSense, GoldSeek, Prudent Bear, SafeHaven and Whiskey & Gunpowder among many other leading investment websites. Adrian's views on the Gold Market have been sought by leading news organizations including the Financial Times, the Economist, Bloomberg and Der Stern in Germany.
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