Saturday, November 10, 2012

THE LATEST SILVER SALE (DIP IN THE MARKET) MAY NOT LAST LONG!

“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” – Ronald Reagan

 http://goldandsilverblog.com/why-silver-will-hit-0433/





WITH THE CONTINUED CURRENCY PRINTING AND THE TREASURY CONTINUED PURCHASES OF MORTGAGED BACKED SECURITIES FROM THE FEDERAL RESERVE BANK
I CAN ONLY WONDER WHEN THEY WILL DECIDE TO RAISE INTEREST RATES...


BEN BERNAKIE HAS SAID NOT UNTIL 2014 OR MID 2015


"As a result of the weak economic data and the stable outlook for inflation, members of the Federal Reserve Open Market Committee voted to keep the federal funds rate target -- which helps set the interest rate at which banks trade balances held at the Federal Reserve -- at 0 percent to 0.25 percent.

In addition, committee members decided to extend the date at which they expect to raise the federal funds rate target from late 2014 to mid-2015. That move was part of a broader economy-boosting action that included buying monthly rounds of mortgage-backed securities at a rate of $40 billion per month until the labor market substantially improves."

  http://finance.yahoo.com/news/fed-no-rate-hikes-until-050000751.html

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