GOLD 0.51% $1,391.7 gold futures

Elm, Bernanke spent most of his life in academia, not exactly...

  1. 1,218 Posts.
    Elm, Bernanke spent most of his life in academia, not exactly looting the coffers of free enterprise. Anyone who has a track record like his can hold their head high for the service to the community when they could clearly have cleaned up on Wall Street. He was appointed to chair the Fed in 2006 and did not create the financial mess. Even if you think he has since contributed to it through his leadership, he is clearly not profiting from it. To suggest that people like him directly profit from economic manipulation is ridiculous.
    I too own gold stocks because I believe they will rise as a result of current economic policies. But I also believe that in the fragile times we live in, a return to the gold standard would be such a major upheaval to the economic system that the risk is too great. Going forward, we need change but in a moderated way.
 
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