Saturday, February 14, 2015

How the Fed Presidents’ Assets Stack Up

Federal Reserve Bank presidents and governors are often deservedly portrayed as anti-gold proponents (at least while they are in office) due to their official mandate to support a strong dollar policy (and unofficial mandate to suppress precious metals).  For the alert, check out Dallas Fed President Richard Fisher's portfolio.  It belongs in the "do as I do, not as I say category."

On the contrary, Fisher's hawkish tone often is the lone dissenting voice against a dovish Fed stance.  so Fisher talks the talk, and actually walks the walk.
Mr. Fisher, a constant siren on the subject of inflation, owns at least $1 million in gold, and smaller quantities of platinum and uranium, popular investments for those who fear inflation.

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