Ron Insana is an Idiot
Posted by Ray on October 7, 2009 under cnbc | 
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He actually said that gold is going up in all currencies not just in US dollars. He makes me want to smack my head against the wall and why someone would pay him $1,000 a year for “advice” I will never understand. However, look at gold in CAD or Euro’s or other currencies and you will see it is not going up, its pretty simple to see that actually. It is going up the Sterling, because they are going down the same path we are with quantitative easing and perhaps this is the only currency Ron is looking at, but in most other currencies gold is relatively flat.
I am certainly no rocket scientist, but man, this guy…
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Tags: cnbc, currencies, dollar, gold, Ron Insana, USD
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