Wikinvest Wire

Rick Santelli squishes the heart of gold bugs

Monday, September 07, 2009

Rick Santelli and Mike Pento on Kudlow disagreeing on the reason for surging gold prices last week. Pento notes what was discussed here last month about sharply higher year-over-year inflation set to be reported in December due to comparisons against $40 oil late last year.

At about the 3:45 mark, Larry gleefully asks whether it's possible that we're looking at "an easy money, blow-out, V-shaped recovery that no on is anticipating".


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