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I had lunch with former Fed Chairman Alan Greenspan during the New Orleans Investment Conference.

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Former Fed Chairman Greenspan Makes Startling Admission

I had lunch with former Fed Chairman Alan Greenspan during the New Orleans Investment Conference.

â??The Federal Reserve is not independent!â?ť — Alan Greenspan

During the weekend, I spoke at the 40th anniversary of the New Orleans Investment Conference and had a great time meeting up with subscribers and signing dozens of copies of â??The Maxims of Wall Streetâ?ť as gift books. I even took several subscribers out to dinner at Commanderâ??s Palace.

The New Orleans Investment Conference is largely a gold bug convention, with representatives from dozens of small mining companies exhibiting. It has been a tough couple of years. Precious metals topped out in late 2011, when subscribers to my investment newsletter, Forecasts & Strategies, took profits on our gold and silver exchange-traded funds (ETFs). After that, the mining business has been a disaster.

The fear of rising rates was on the minds of the attendees and speakers. Rising rates mean a strong dollar and more weakness in commodity prices.

I had lunch with former Fed Chairman Alan Greenspan during the New Orleans Investment Conference.

SkousenGreenspanPaper_102914

Read more of former Fed Chairman Alan Greenspan’s startling comments at Eagle Daily Investor.

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Written By

Mark Skousen is a college professor, prolific author and world-renowned speaker. Heâ??s made his unique sense of market and investment trends known and respected in the financial world. With a Ph.D. in economics and a focus on the principles of free-market capitalism and â??Austrianâ?ť economics, Mark Skousen has often gone contrary to the crowd in his investment choices and economic predictions â?? and has often been proved right.

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archive

Former Fed Chairman Greenspan Makes Startling Admission

“The Federal Reserve is not independent!” — Alan Greenspan

During the weekend, I spoke at the 40th anniversary of the New Orleans Investment Conference and had a great time meeting up with subscribers and signing dozens of copies of “The Maxims of Wall Street” as gift books. I even took several subscribers out to dinner at Commander’s Palace.

The New Orleans Investment Conference is largely a gold bug convention, with representatives from dozens of small mining companies exhibiting. It has been a tough couple of years. Precious metals topped out in late 2011, when subscribers to my investment newsletter, Forecasts & Strategies, took profits on our gold and silver exchange-traded funds (ETFs). After that, the mining business has been a disaster.

The fear of rising rates was on the minds of the attendees and speakers. Rising rates mean a strong dollar and more weakness in commodity prices.

I had lunch with former Fed Chairman Alan Greenspan during the New Orleans Investment Conference.

Read more of former Fed Chairman Alan Greenspan’s startling comments at Eagle Daily Investor.

Newsletter Signup.

Sign up to the Human Events newsletter

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