Friday, May 31, 2013

The Real Price of Gold is More Than the Gold Price

Watch how William Grants presented his Mathematical perspective on the world economics.  This was presented on 21 May 2013 at Marina Bay Sands in Singapore.  He started off by bringing us back to the basics of Maths (see how he proves 1=0.999...)

No matter what the media and governments in the world are telling us about the economic recovery, mathematical facts are facts.  In the video, he showed the inevitable mathematical and statistical facts of what is really going on in the world economics.   Some of the key points include:
  1. Outside influence (QE) are dangerous things
  2. If it makes no sense, it is nonsense.
  3. The gold price is not the price of gold
A very educational content for anyone who wants to understand the current world economics.  The more interesting presentation starts at the 7th minute in case you like to skip the introduction.

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