via silverdoctors:
Is Herman Cain “good for gold”, “bad for gold”, or “indifferent”? Here’s what we know so far…
President Trump is recommending Herman Cain for a vacant Federal Reserve Board seat.
From CNN:
President Donald Trump is recommending Herman Cain, a former pizza executive who dropped his bid for the 2012 Republican presidential nomination amid sexual harassment allegations, for a seat on the Federal Reserve Board.
What are we to make of it?
Well, there has been much flip-flopping by President Trump as far as the economy, the dollar, the markets and the Fed are concerned, but for what it’s worth, check out Cain’s own words.
From the WSJ in 2012:
A gold standard is to the moochers and looters in government what sunlight and garlic are to vampires.
The question, however, is what Cain not only thinks today, but what he does today as well.
In other words, is Can now a moocher and/or a looter?
Because, well, pictures sometimes speak louder than words.
A picture from the not to distant past:
Words from today:
Quite the shift in attitude and action, isn’t it?
What are Cain’s thoughts and attitudes towards gold today?
Time will tell.
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