“Nothing beats a little cash in a bear market, of course, and the oldest form of cash is gold.” LittlesFormCoursesBearsBeatsGoldCash Author:James Grant
“To me the gold price takes the form of a very uncomplicated formula, and all you have to do is divide one by 'n.' And 'n', I'm glad you ask, 'n' is the world's trust in the institution of paper money and in the capacity of people like Ben Bernanke to manage it. So the smaller 'n', the bigger the price. One divided by a receding number is the definition of a bull market.” PeopleWorldFormAsksNumbersPaperCapacityGoldBiggerInstitutionsDefinitionsGladManageDividedFormulasDividesBullsUncomplicatedPaper MoneyBull MarketsGold Price Author:James Grant
