GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Thursday, March 11, 2010

Hedge Funds Bailing Out of Gold - There is risk of deflation not inflation says Anthony Scaramucci Gold is not going where people are expecting

There is more deflation risk than Inflation , the Gold is not going where people think it will says Anthony Scaramucci, of Skybridge Capital



Anthony Scaramucci, of Skybridge Capital, discusses what's next for gold with the Fast Money traders , There will be no inflation anytime soon without real wage growth , despite the trillions of dollars helicoptered into the economy , without wage growth there is more a risk of deflation than inflation Anthony Scaramucci believes










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