<r>Hello everybody!My newest research article is available on SSRN "A New Characterization of Gold as Store of Wealth across Monetary Standards and in a Global Crisis"Abstract: A new hypothesis is set forth regarding what it means for gold to be a store of wealth. This property is contingent on the ...

Edouard,send me an e-mail TherePaper is free.Cheers

<t>Hi all,It's been about 8 months since I announced it, but I finally completed a first draft of the sequel article to Faugère Van Erlach's (2005) article on gold valuation. Below is the title and abstract.Characterizing Gold as Store of Value in Gold Standard vs. Fiat Economies: The Role of Gold-D...

<r>Hi all;Preliminary, but here is where the model is at this point <URL url="http://www.albany.edu/~faugere/Gold.pdf">http://www.albany.edu/~faugere/Gold.pdf</URL> The R2 is 52% DAILY. Note that this is NOT a retrofitted regression model, it is purely an economic model.Paper with updated results sh...

Yes, no problem.

<t>Hi;I'm one of the co-authors of the study cited above. Just a preview of coming attractions... I should have a new article out within the next month or so, showing how gold fulfills its function of store of value accross monetary systems. One of the preliminary and exciting results is an explanat...

<t>Is Bernanke regressing to his prior state of economics professor in recent press conferences a signal that the man is facing the final reckoning of the inability of his academic work to fix the economy?My short essay on the topic is "Bernanke's Great Depression"... Comments welcome!albany.academi...

<t>Not quite sure that there is a well-established economic link between inflation and volatility. What is known however is the link between Treasury yields and inflation, via the Fisher (1896) effect. Fisher stated that Nominal Interest Rate = Real Rate + Expected Inflation. The evidence for a Fish...

<t>QEII was meant to lower long term interest rates. This is a-typical for US monetary policy to try impact long-term rates. An exception was in 1961 when the Fed pursued "operation twist". The current policy (since the 1980s) has been to target the federal funds rate. Nudging down the long-term int...