Wednesday, November 28, 2012

Inflation Could Gap Higher

"The Fed wants a cheaper dollar, but that doesn't mean they're going to get it" right away.

"If they don't get it, they'll have to try harder."

"Instead of nice smooth path from 2 percent to 3 percent, inflation could gap to 6 percent in a matter of months."

- Jim Rickards from a recent yahoo news interview.