Thursday, January 13, 2011
Golden Rule
This "Golden Rule" is a little different that the one we all learned as a kid. Quite simply, if you expand the money supply, the price of gold will rise, period. If you explode the money supply, gold will go through the roof! Just take a look at this great chart from the Global Macro Monitor. It really puts into perspective what is going on with gold.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment