Gold Is Impossible To Value : NYUs Damodaran - Kitco News

NYU Professor Aswath Damodaran speaks to Kitco News about gold, the U.S. dollar, the global economy and the Fed on this edition of “On the Spot.“ Damodaran says he expects the U.S. economy to grow at a “steady state“ long-term because the global economy is shifting towards emerging markets. With regards to the Fed, Damodaran says that the only reason the Fed was able to maintain low interest rates is because the economy is weak rather than because of quantitative easing. “If the economy comes back, I’ll wag