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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? — 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? 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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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? 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.

TRENDING NOW:

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