October 26, 2010

Volcker On Inflation

"Inflation is not a problem right now. It won't be a problem next year, it won't be a problem for several years. I see no possibility, frankly, that a deflation will take place. Over a period of time, price stability will be conducive to a strong economy."

Paul Volcker

Related stocks and ETFs: SPDR Gold Trust (ETF) (NYSE:GLD), Market Vectors Gold Miners ETF (NYSE:GDX), Newmont Mining Corporation (NYSE:NEM), AngloGold Ashanti Limited (ADR) (NYSE:AU), Harmony Gold Mining Co. (ADR) (NYSE:HMY), Randgold Resources Ltd. (ADR) (NASDAQ:GOLD), Barrick Gold Corporation (USA) (NYSE:ABX), NovaGold Resources Inc. (USA) (AMEX:NG)

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