Wednesday, March 17, 2010

 
 
 

 
 
 
 
 
Value legend Eveillard buying gold to combat Fed's "wildly inflationary" actions
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Tuesday, June 16, 2009
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From Newsmax:

Legendary mutual fund manager Jean-Marie Eveillard, now senior advisor to First Eagle Global Fund, sees a fragile economic recovery coming soon.

A rebound is in sight, "because there's enough stimulus that has been put in place both from a monetary and a fiscal standpoint," he tells Bloomberg TV.

"So at some point within the next six to 12 months there will be some kind of recovery."

The bad news: "I'm not sure growth will come in time" to help earnings, Eveillard says.

Read full article...

More on inflation and gold:

Why gold is headed for bubble territory

Where to find large yields that will rise along with inflation

Breakdown of the world's best money manager's gold holdings

Art Laffer: The government is setting the stage for huge inflation


Topics: Gold | Inflation | Commodities
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