Thursday , 28 March 2024

Rick Rule: The Fed is Now "Pushing On a String"

Austrian economists have been predicting for years and years that eventually the Fed would be pushing on a string as they put more liquidity into a market that couldn’t absorb it.  That may be what’s happening now.  It will be very interesting to watch this development going forward.

So says Rick Rule in his latest interview* with Eric King of King World News which also includes his views [see here] on:

  • the price of gold,
  • the gold mining market,
  • insider buying,
  • Germany’s auditing and repatriation of its gold,
  • revenue declines from big US companies and
  • a possible surprise downside in the equity markets.

*http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10/24_Central_Planners_Greatest_Fear%2C_Possible_Surprises_%26_Gold.html

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