Monday, February 4, 2013

Quantitative Easing and Gold Price

This quote must be examined for its content and context.  The content is self-evident.  The context includes knowledge that Barron's is a sister publication of the Wall Street Journal, the preeminent financial periodical.  They are the voice of the status quo power structure, the bible of financial publications.

Wall Street is traditionally anti-gold.  Yet, this quote. 

"As long as we have unlimited quantitative easing, we have the potential for unlimited gains in the gold price." –Fred Hickey, "Stirring Things Up", Online.Barrons.com, February 2, 2013.

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