'Financial repression' of negative rates is likely Fed policy for decade, Rickards says
Monday, June 6, 2011 at 08:47AM Market analyst Jim Rickards, who will speak at GATA's conference in London in August (http://www.gatagoldrush.com), tells King World News about "financial repression," the Federal Reserve's likely policy of maintaining negative interest rates for 10 years or so to eliminate the burden of about half the U.S. government debt. Rickards says the Fed won't mind a gently rising gold price. You can listen to the interview at King World News here:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/6/4_Ji...
Also at King World News today is the weekly precious metals review with Bill Haynes of CMI Gold & Silver and futures market analyst Dan Norcini. Norcini thinks gold looks very strong. The weekly review can be heard here:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/6/4_KW...

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