Lloyd Blankfein quote

With interest rates rising, gold doesn't pay an interest rate, but every other currency - it becomes not only less important to hold gold as an alternative, but more expensive to hold it as an insurance policy and so that will be a burden on the price of gold.
Lloyd Blankfein

Links

Cite this page: Citation
Money and Power: How Goldman Sachs Came to Rule the World
Money and Power: How Goldman Sachs Came to Rule the World
on Amazon
Buy now

Quotes To Explore

More quotes?

Try another of these similiar topics.