Is Ben Up to the Job?

Forbes, Steve
October 2007
Forbes Asia;10/15/2007, Vol. 3 Issue 17, p13
The author comments on the efforts made by U.S. Federal Reserve Chairman Ben Bernanke to balance the country's financial system. The author says Bernanke must overcome his prejudice against gold because it is the best indicator of money disturbances. He explains that if Bernanke could bring down the gold price to under $500 and keep it there he would ignite a strong market rally that would make his post-interest-rate-cut rally look very pale. He adds that unless Bernanke does it, the chairman risks a fearful, headlong flight from the dollar.


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