The Necessity For Fed Easing Is Good For Gold

With massive spending continuing in Washington, federal deficits will remain extremely high. In order to fund these deficits at rates that the government (and the broader financial system) can afford, continued Fed QE will be seen to be necessary. As a result, the U.S. dollar cannot be relied upon as a store of value. And when the dollar ceases to be a store of value, gold becomes the ultimate store of value.

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Jim Rickards’ Gold Speculator with Dan Amoss

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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