Yesterday, I reported on Paul Krugman's absurd theory that Glenn Beck is behind the climb in the price of gold. Since Krugman is now into conspiracy theories, lets help him out a bit. Check out this chart (via Ed Yardeni). It shows the price of gold relative to U.S. Treasury and U.S. agency securities held by the Federal Reserve and other central banks.
Read Full Article »What's Really Behind the Rise in Gold
Comment
Show comments
Hide Comments
