“Finance is a Power Game”
On behalf of Matterhorn Asset Management / GoldSwitzerland, Lars Schall talked with former senior Wall Street banker Nomi Prins about her latest book, “All the Presidents’ Bankers.“ Prins points out how an elite group of men transformed the American economy and government throughout the 20th century, dictated foreign and domestic policy, and shaped world history. The discussion spans from the panic of 1907 and the creation of the Federal Reserve through 2 World wars, the decoupling of the dollar from gold in 1971, and the question whether American financial power today is in decline.
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The miners have started 2014 very well indeed on the back of rising gold prices, so the question is; is this the real deal or another head fake? Is the bottom really in? Could there be a final capitulation just ahead of us? Will the summer doldrums take the PMs lower?
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