Sunday, January 5, 2014

Buying Every Ounce They Can Get Their Hands On

“It’s a very high hurdle for [Yellen] to reverse course," but “she might because she’s more dovish than Bernanke and I expect a recession in 2014.

China and Europe are just buying every ounce they can get their hands on and that actually makes sense.

If the price is being suppressed because weak hands are dumping it or there’s manipulation in the market, you would expect people to buy it.”

- Jim Rickards via a recent Yahoo Finance interview.