Fed trapped between inflation and debt crisis, and gold wins either way – Sprott’s McIntyre

By Neils Christensen – Kitco

Despite gold’s recent disappointing price action, the precious metal’s long-term bull case has rarely looked stronger, as the Federal Reserve faces an increasingly impossible balancing act between inflation, economic growth, and rising sovereign debt risks, according to one fund manager.

In an interview with Kitco News, Ryan McIntyre, President of Sprott Inc., said the Fed is now walking an extremely difficult path with very few viable policy options — a backdrop he believes ultimately drives investors toward gold.