First with Financial Comment from Arabia

‘Road to $5,000 Gold’ published on Kindle

with one comment

ArabianMoney editor and publisher Peter Cooper announces that his latest book ‘Dubai Sabbatical: The Road to $5,000 Gold’ is now available as an e-book from the Kindle Store (click here).


Written by Peter Cooper

March 19, 2010 at 8:13 am

One Response

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  1. It’s maddening to so regularly see the thoughtlessly repeated rhetorical statement that gold (all the money metals actually) ‘yields no dividend’; because it’s too obviously untrue!

    The recovery of precious metals has always lagged the growth of the human race by a fairly constant rate. What does that mean to a classical economist? It means the long settled maxim that as the growth of ‘Demand’, by natural consequence, exceeds ‘Supply’, its predictable outcome is an increase of value.

    Clearly then (unless a government is arrogantly ‘fixing’ a fiat numerical ‘value’ on those metals … government’s original sin), as with all other goods subject of human desire, the decrease of ‘share’ relative to individuals demanding sufficient supply for their use, invariably must effect a ‘dividend’ in that object’s holding!

    Pat Fields

    March 19, 2010 at 5:10 pm

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