InvestorsHub Logo
icon url

shermann7

07/06/13 7:30 PM

#40269 RE: wacalahan #40268

Check out the Economic situation...LIBOR, Ten Year Bonds, and the 30 Year Mortgage rates...These are all bullish in terms of Precious Metals...

Not to mention that the 85 Billion per month printed by the federal reserve out of thin air, and used to support the banks. It goes into covering their derivative contracts, and most of the rest is used to purchase U.S. Treasuries...Very Little goes back into the economy...

Shermann