I have just started this blog… so bear with me as I am on a learning curve. The blog is called Rudy on Gold for good reasons; I have been financially damaged by the so called ‘GFC’ or Global Financial Crisis. But this name is a misnomer; it is in reality a Global Monetary Crisis… some coincidence that this spells GMC… or nowadays Government Motors Company.
The crisis first became visible through the bankruptcy of corporations, like Lehman Brothers, Bear Sterns, General Motors, Northern Rock… etc. It is now spreading to countries; that is, the so called Sovereign Debt issue is becoming visible. The real causes however are still not discussed in the mainstream media; the real causes of the GFC are what this blog will be about.