Global Liquidity Boom Good for Gold

“The Fed’s money printing practice to help create jobs is only one part of the picture. Along with the growing U.S. monetary base, global liquidity has been growing every year for the past 12 years. As you can see, both of these factors have a close correlation
to the rise of gold.”

–Frank Holmes

To read Frank Holmes article: How Helicopter Ben Helps Jobs and, Inadvertently, Gold

Tagged as: Ben Bernanke, Fed, Federal Reserve System, Frank Holmes, Monetary base, Money supply, United States