Why Gold Keeps Falling Despite Stimulus
The price of gold is falling despite quantitative easing and other stimulus programs from central banks around the world, leaving many gold bulls disappointed. Since the yellow metal is considered a store of value and protection against inflation, how is it possible that gold is falling as the money supply rises?
One common definition of inflation is "too much money chasing too few goods." However, it would be an oversimplification to state that money-printing, for lack of a better term, leads to inflation and therefore leads to appreciation in the prices of stores of value such as gold....477 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.