The prevailing opinion of the smart money is that gold is a one-way bet. As long as there seems to be some kind of recovery, inflation rates will rise and gold will rise too.
December 7th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "U.S. money supply"
The Fed Continues to Bamboozle Consumers Into Thinking They Are Richer Than They Really Are
There’s also a hidden flimflam…an even more important one. Since ’95, reports Martin Hutchinson, the U.S. money supply, as measured by ‘money of zero maturity,’ has gone up at about 8.8% per year. The average fellow, seeing that he has 8.8% more cash…
May 8th, 2008 | Bill Bonner | 2 comments | Continued
