"To me the gold price takes the form……" — James Grant

To me the gold price takes the form of a very uncomplicated… - 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."

James Grant

2 Quotes by James Grant

James Grant has 2 quotes on this site. A few more worth reading:

See all 2 quotes by James Grant »

More All Quotes

This quote is filed under All Quotes, one of 128,558 quotes in that category. Here are a few more:

See all 128,558 All Quotes »