Multi-year Gold Bull Market Is Firmly Intact
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/multi-year-gold-bull-market-is-firmly-intact
This latest correction has thrown off a lot of gold bulls, and many people are calling this the peak. But how could that happen when interest rates are still at 0%, the Fed is printing up hundreds of billions of dollars, US debt is increasing by billions everyday, and the deficit is over $1 trillion? No, the peak will come when interest rates are much higher, the Fed stops printing money, and our deficits get reduced. In other words, no time soon.
Critics Believe Second Round of Quantitative Easing By the Fed Will Further Devalue the Dollar and Create Inflation
Federal Reserve Chairman Ben Bernanke has been quoted as saying he would fly over the United States and drop dollars from a helicopter should it be necessary.
Sans helicopter, for the time being at any rate, the Federal Reserve has announced that it plans to breathe new life into the economy with additional quantitative easing, a series of Treasury purchases starting with $600,000,000 that may ultimately total $1 trillion or more according to some sources. With the U.S. economy expanding at just 2 percent annually in the third quarter of this year and the jobless rate apparently stalled at about 9.6 percent, the Fed was pressured to do something to stimulate the economy.
Bernanke explained to students at Jacksonville University that a second round of easing will enable the Fed to accomplish its two Congressional mandates, ensuring full employment and stable prices while preventing deflation and generating some "good" inflation.
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/multi-year-gold-bull-market-is-firmly-intact
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/multi-year-gold-bull-market-is-firmly-intact
This latest correction has thrown off a lot of gold bulls, and many people are calling this the peak. But how could that happen when interest rates are still at 0%, the Fed is printing up hundreds of billions of dollars, US debt is increasing by billions everyday, and the deficit is over $1 trillion? No, the peak will come when interest rates are much higher, the Fed stops printing money, and our deficits get reduced. In other words, no time soon.
Critics Believe Second Round of Quantitative Easing By the Fed Will Further Devalue the Dollar and Create Inflation
Federal Reserve Chairman Ben Bernanke has been quoted as saying he would fly over the United States and drop dollars from a helicopter should it be necessary.
Sans helicopter, for the time being at any rate, the Federal Reserve has announced that it plans to breathe new life into the economy with additional quantitative easing, a series of Treasury purchases starting with $600,000,000 that may ultimately total $1 trillion or more according to some sources. With the U.S. economy expanding at just 2 percent annually in the third quarter of this year and the jobless rate apparently stalled at about 9.6 percent, the Fed was pressured to do something to stimulate the economy.
Bernanke explained to students at Jacksonville University that a second round of easing will enable the Fed to accomplish its two Congressional mandates, ensuring full employment and stable prices while preventing deflation and generating some "good" inflation.
go to
https://sites.google.com/site/goldandsilver2012/latest-articles/multi-year-gold-bull-market-is-firmly-intact
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