This Week in 3 Minutes May 25, 2018 “Nice” By Brandon White, Business Development Manager/Analyst NICE = Non-Inflationary, Constant Expansion “If we return to the non-inflationary, constant expansion (NICE) times of the 1990s and early 2000s, investment demand may revert to a marginal component of the gold market. Yet NICE was a term coined by Mervyn King, then Governor of the Bank of England, during the same era that Gordon Brown, then UK Chancellor of the Exchequer, claimed his prudence would prevent a return to boom and bust economics. Admittedly, Brown was talking only about the UK economy but even so his assertion proved misguided, even hubristic. Now, it seems almost impossible to envisage a NICE 30 years, uninterrupted by boom and bust. Instead, anticipation of – and reaction to – economic downturns and financial crises are likely to buoy investment demand for many years to come.” – World Gold Council Report https://srsroccoreport.com/why-gold-is-the-king-monetary-asset-not-bitcoin/ https://www.zerohedge.com/news/2018-05-18/emerging-market-massacre-continues-latam-fx-weakest- history https://www.cnbc.com/2018/05/17/vatican-says-amoral-financial-system-needs-infusion-of-ethics-more- regulation.html?__source=sharebar%7Clinkedin&par=sharebar#_gus&_gucid=&_gup=LinkedIn&_gsc=CNQf H8S https://goldsilver.com/blog/modern-day-nincompoop-money-magazine-on-stock-market-crash- survival/?utm_campaign=20180522_Newsletter_Vicious_Recession__Active_90_day_Opens&utm_content =20180522_newsletter_vicious_recession_a_90_newsletter&utm_medium=email&utm_source=zaius
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By Brandon White, Business Development Manager/Analyst · 25-05-2018 · By Brandon White, Business Development Manager/Analyst NICE = Non-Inflationary, Constant Expansion “If
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This Week in 3 Minutes May 25, 2018
“Nice”
By Brandon White, Business Development Manager/Analyst
NICE = Non-Inflationary, Constant Expansion
“If we return to the non-inflationary, constant expansion (NICE) times of the 1990s and early 2000s, investment demand may revert to a marginal component of the gold market. Yet NICE was a term coined by Mervyn King, then Governor of the Bank of England, during the same era that Gordon Brown, then UK Chancellor of the Exchequer, claimed his prudence would prevent a return to boom and bust economics. Admittedly, Brown was talking only about the UK economy but even so his assertion proved misguided, even hubristic. Now, it seems almost impossible to envisage a NICE 30 years, uninterrupted by boom and bust. Instead, anticipation of – and reaction to – economic downturns and financial crises are likely to buoy investment demand for many years to come.” – World Gold Council Report