from King World News
One of the greats in the business says gold is laughing at Powell.
Gold is Laughing at Powell
April 29 (King World News) – Matthew Piepenburg at Matterhorn Asset Management (based in Switzerland): Recently, my colleague, Egon von Greyerz, and I had some unabashed yet blunt fun calling out the staggering levels of open hypocrisy and policy desperation unleashed by former Fed Chairman, Alan Greenspan.
Poor Alan was an easy target of what I described as the “patient zero” of the reckless interest rate suppression and unbridled monetary expansion policies of the Fed which have always led to equally reckless boom and bust cycles in markets and economies.