How Gold Rallied Under The Last 4 Fed Chairmen

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Tuesday, February 26, 2013 How Gold Rallied Under The Last 4 Fed Chairmen Fed Chairman Ben Bernanke continues to take a lot of heat for employing ultra-easy monetary policy in his efforts to address the Fed's dual mandate of keeping unemployment low and inflation moderate. "My inflation record is the best of any Federal Reserve chairman in the post-war period, or at least one of the best — about 2 percent average inflation," said he said to Senator Bob Corker during his testimony this morning. CPI may be tame.  But this hasn't kept people from buying up gold, which some consider to be a proxy for deteriorating purchasing power. Of course this doesn't account for other factors like emerging market demand for gold. Here's a chart from Bespoke Investment Group showing how gold performed under each of the last four Fed Chairmen: Read » Also On Money Game Today: FINANCIAL ADVISOR INSIGHTS: Carlyle Group CEO Reveals How The Next Greatest Fortune Will Be Made DOW JUMPS 115 POINTS: Here's What You Need To Know Advertisement CHART OF THE DAY: Here Are The States That'll Get Slammed By Sequestration CHART OF THE DAY: Missing A Few Good Days In The Stock Market Will Cost You CHART OF THE DAY: Hedge Funds Have Lost Their Love For Gold Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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