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Mr. Greenspan’s comments to the Council on Foreign Relations came as Fed officials were meeting in Washington, D.C., and expected to announce within hours an end to the bond purchases.
Mr. Greenspan said gold is a good place to put money these days given its value as a currency outside of the policies conducted by governments.
a reply to: Cygnis
For those of you who are familiar with Alan Greenspan, and his fun and games from the late 80's - mid 2000's.. Here is a gem of a comment from him..
originally posted by: xuenchen
a reply to: Cygnis
For those of you who are familiar with Alan Greenspan, and his fun and games from the late 80's - mid 2000's.. Here is a gem of a comment from him..
Sounds like he's giving the old "wink wink".
I think hyper-inflation is on the way.
They've held it down too long.
The longer the water boils, the higher the lid blows.
Just in time for Nov 2016.