Tuesday, July 2, 2013

Jim Rickards: Buy Gold, Not Stocks

“Fundamentally, the case [for gold] hasn’t changed. It has to do with Fed money printing and instability in the international monetary system… [The Fed] needs to drive nominal GDP, they need negative real rates, they need more inflation, or else [US] debt will be un-payable. And that’s good for gold.”

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.