US Fed games continue & History Repeating

Posted | 23/08/2013 / Views | 1851
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US Fed games continue & History Repeating

Yesterday’s minutes of the last Fed meeting predictably continued the ‘we know we need to taper we’re just not sure when’ rhetoric that continues to create volatility in markets.  It now looks certain too that whatever tapering they try (and we use try deliberately as its sustainability is highly questionable) will be matched by forward guidance on zero interest rates ala Europe.  You’d have to argue that under any guise, these tools are all positive for gold and silver.  Regular customers to our store have watched the brilliant “End of the Road’ DVD we show in our waiting room and have available for purchase.  But we’d suggest you also invest 30 minutes of your time to watch Mike Maloney’s video on how this has all happened before and how you can profit from it with gold and silver.