Submitted by Tyler Durden on 03/27/2015 17:30 -0400
Intended warning or unintended slip? After Alan Greenspan’s confessional admission that
“Gold is a currency. It is still, by all evidence, a premier currency. No fiat currency, including the dollar, can match it,”
we found it remarkable that during the Q&A after her speech today that Janet Yellen, when asked about negative rates, admitted that
“cash in not a very convenient store of value,”
seemingly hinting at Bernanke’s helicopter and that there will be no deflation in The US ever…
Rick Santelli then sums it all up perfectly…
