Gold in the Face of Shrinking Dollars

by Joel Bowman.

While the Germans and Argentines are old hat at shrinking currencies, the Yanquis may not be quite hip to the game. In other words, they’ve got a thing or two to learn about shrinking dollars. Recently, Samantha Buker, co-author with Addison Wiggin of The Little Book of the Shrinking Dollar, appeared on The Street to explain.

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Joel Bowman is managing editor of The Daily Reckoning. After completing his degree in media communications and journalism in his home country of Australia, Joel moved to Baltimore to join the Agora Financial team. His keen interest in travel and macroeconomics first took him to New York where he regularly reported from Wall Street, and he now writes from and lives all over the world.

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BDCs are soaring while banks are suffering. Banks are still working through nonperforming portfolios while regulators continue to restrict them.