The gold price
Hank Paulson's shocker! - 13 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 physical gold and silver market for private investors online. Formerly head of editorial at London's top publisher of private-investment advice, he was City correspondent for The Daily Reckoning from 2003 to 2008, and is now a regular contributor to many leading analysis sites including Forbes and a regular guest on BBC national and international radio and television news. Adrian's views on the gold market have been sought by the Financial Times and Economist magazine in London; CNBC, Bloomberg and TheStreet.com in New York; Germany's Der Stern and FT Deutschland; Italy's Il Sole 24 Ore, and many other respected finance publications.
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