Monthly Archives: September 2011

Why did silver and gold suddenly crash?

Last Thursday (September 22) the prices of gold and silver suddenly crashed: over the weekend  silver dropped  by 34% (from 39.7 to 26.1 USD /ounce) and gold by 16% (from 1817 to 1533 USD / ounce). There are a number of assumptions that are rumored to have caused this crash. I personally find … Continue reading






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Was war der Grund für den plötzlichen Einbruch von Gold und Silber?

Am vergangenen Donnerstag (22. September) brachen die Kurse von Gold und Silber dramatisch ein: über das Wochenende stürzte Silber um 34 % ab (von 39,7 auf 26,1 USD/Unze), Gold um 16 % (von 1817 auf 1533 USD/Unze). Als Grund für … Continue reading






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More on Bitcoin…

Here two more articles on the Bitcoin experiment: Golden Cyberfetters (by Paul Krugman) Cryptocurrency (by Jim Surowiecki)






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Bitcoin, Keynes and Triffin

A friend has sent me a link to this very interesting analysis of the Bitcoin experiment: Ecomomics: How To (not) Design An Electronic Currency For The Future (by Ingo Molnar)   And here my two short remarks on Bitcoin Fancy new … Continue reading






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