Relevant:
- Jim Grant: Gold Has A Lot of "Catch-Up" To Do To Central Bank Balance Sheets
- Sinclair: Physical Gold Buyers Will Now Crush Central Planners
- Cyprus central bank has no plan to sell gold reserves-sources
- William White: "Central banks cannot reverse" Massive QE; "Hyperinflation" Seems Unavoidable
- Hyperinflationary Money Supply Explosion Already Underway
2013-04-15 — businessinsider.com
``On one hand you have established economists, who believe the government has tools at its disposal to address a crisis. These tools include deficit spending and a violent expansion of the Fed's balance sheet.
Conversely you have critics who slam the arrogance of economists and central planners, and who have predicted that all of this economic acrobatics would result in an economic collapse, hyperinflation, and an explosion in the price of gold. Gold is important to their worldview, because it represents a quasi-money that's not tied to any government or central bank.''
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