Thursday, January 26, 2012 11:01:57 AM
Don't Believe The Hype
Nearly everyday since December the media reports how good things are getting in the economy. This report was better than expected, that report is better than expected and everyone is working again. While the economy might be healing in some way investors must ask themselves why the Federal Reserve is continuing to promote low rates until late 2014. The central bank is clearly dangling the carrot in front of the institutions to buy equities and inflate this market higher. Gold is the ultimate barometer of inflation and yesterday gold soared. The SPDR Gold Shares (NYSEARCA:GLD) rallied by nearly $5.00 after the Federal Reserve announcement yesterday afternoon. ...Continue reading here: http://bit.ly/x664Bf
Nearly everyday since December the media reports how good things are getting in the economy. This report was better than expected, that report is better than expected and everyone is working again. While the economy might be healing in some way investors must ask themselves why the Federal Reserve is continuing to promote low rates until late 2014. The central bank is clearly dangling the carrot in front of the institutions to buy equities and inflate this market higher. Gold is the ultimate barometer of inflation and yesterday gold soared. The SPDR Gold Shares (NYSEARCA:GLD) rallied by nearly $5.00 after the Federal Reserve announcement yesterday afternoon. ...Continue reading here: http://bit.ly/x664Bf
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