---
title: "Precious Economics"
url: https://independentstockanalysis.com/precious-economics/
description: "Precious Metals: Keep it Simple at Daily Gold . From The Worldwide QI Quagmire at Testosterone Pit : “ZIRP and QE have had another effect, one that is…"
published: 2012-06-28
updated: 2012-06-28
---

# Precious Economics

Published 2012-06-28

Posted on

by

J.J. Butler

Precious Metals: Keep it Simple at [Daily Gold](http://thedailygold.com/precious-metals-keep-it-simple/).

From The Worldwide QI Quagmire at [Testosterone Pit](http://www.testosteronepit.com/home/2012/6/25/the-worldwide-qe-quagmire.html): “ZIRP and QE have had another effect, one that is starting to be very costly: misallocation and subsequent destruction of capital.” I’ll go further and say all intervention props up **malinvestment**.

Thus Fiat Money Kills Productivity at [Azizonomics](http://azizonomics.com/2012/06/27/fiat-money-kills-productivity/).

Meanwhile, Krugman publicly calls for help and unity in the quest to debase to prosperity: [Business Insider](http://www.businessinsider.com/paul-krugman-manifesto-for-economic-sense-2012-6).

Econonic Data Has Not Been Very Good: [Ritholtz](http://www.ritholtz.com/blog/2012/06/economic-data-has-not-been-very-good/). World GDP chart: [Ritholtz](http://www.ritholtz.com/blog/wp-content/uploads/2012/06/20120623_woc445.png).