Alan Greenspan says it’s ‘only a matter of time’ before negative rates spread to the US

CNBC/Fred Imbert

“It will not be long before the spread of negative interest rates reaches the U.S., former Federal Reserve Chairman Alan Greenspan said. ‘You’re seeing it pretty much throughout the world. It’s only a matter of time before it’s more in the United States,’ Greenspan told CNBC’s “Squawk on the Street’ . . . “

USAGOLD note:  Greenspan, a long-time advocate of gold ownership, goes on to say that “gold prices have been surging because people are looking for ‘hard’ assets they know are going to have value as the population ages,” according to the article.

Repost from 9/6/2019

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