The Glade 4.0

Ben and QE

Argle bargle

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"...but there exists also in the human heart a depraved taste for equality, which impels the weak to attempt to lower the powerful to their own level and reduces men to prefer equality in slavery to inequality with freedom." - De Tocqueville

Heh, this is how my brain immediately translated that post:

and

RD, I like the way you think.

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"Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own." Jesus of Nazareth

Can someone explain to me how Gold can be so high while the yield on Treasuries is only 2.5%? If investors are buying gold to hedge against inflation, how can the government sell bonds at 2.5%? Wouldn't they be making money?