RefBan

Referral Banners

Yashi

Tuesday, February 26, 2013

How Gold Rallied Under The Last 4 Fed Chairmen

View this email online | Add newsletter@businessinsider.com to your address book
Money Game Share this Email
Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life

Tuesday, February 26, 2013
Find Us on Facebook Follow US on Twitter
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:
Advertisement

Chart of the day shows federal spending as a percent of state gdp, february 2013

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: Missing A Few Good Days In The Stock Market Will Cost You
Chart of the day shows that hedge fund gold allocations are falling, february 2013

CHART OF THE DAY: Hedge Funds Have Lost Their Love For Gold
Share this: Facebook Facebook Twitter Twitter Digg Digg Reddit Reddit StumbleUpon StumbleUpon LinkedIn LinkedIn
Follow us on Facebook Follow us on Twitter
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


If you believe this has been sent to you in error, please safely unsubscribe.

No comments:

Yashi

Chitika