If I ever selected to be the Chairman of FED, my monetary policy will look after every sector of business which includes gold mining sector, Argri sector, gold industry sector, and Dow Jones Industry sector, i.e. big blu chip sector etc,, and etc.....
Right now the policy is totally unfair, gold at $250, for GOD shake, that is not a good policy, lots gold mining cos got hurt, lots farmers got hurt, what have you, lots investor got hurt in that gold mining sector.
I do not blame Alan for what it did to that policy, blue chip hit record hi, gold hit 20 + years low, this deflation,
It is not a good policy as far as Iam concerned.
Go figure.
Gold has to at that $400 to be fair. Dow 7,000
John Paquet |