Gold Follow Up – Cyprus Wasn’t First

By |2013-04-16T15:40:45-04:00April 16th, 2013|Economy, Federal Reserve/Monetary Policy, Markets|

In yesterday’s post on the price of gold and its direct relation to collateralized liquidity I linked the shortage of collateral to QE. For the sake of space I omitted the demand for liquidity part of the equation. This post aims to fill in that variable, particularly in the context of the gold price shamble. We should not forget that [...]