Since gold is uncorrelated, rather than negatively correlated, with financial assets, it is not surprising that the addition of gold to a financial portfolio can have very different effects. This Investment Research Strategy paper discusses these effects.
This is the seventh in a series of strategic-issue essays by "good thinkers" that have been published on subjects ranging from gold, supply-side economics, to world debt problem. In this paper, Lehrman argues that the record of the last decade makes clear that floating exchange rates create monetary anarchy.
This interview includes reflections on the struggle for financial order including returning to a gold standard. Lewis Lehrman discusses the Republican platform and why the Reagan administration should accept the gold standard.
This essay presents the economic and political issues of the 1970's and 1980's, similar to the present, including the complex interrelationship between Federal Reserve Bank policy, inflationary expectations, the financial markets, and the price of gold.