Showing posts with label jeffry picower. Show all posts
Showing posts with label jeffry picower. Show all posts

Monday, February 21, 2011

International Forecaster February 2011 (#6) - Gold, Silver, Economy + More

The Fed tells us there is no inflation. Somewhere down the road we are told interest rates will be allowed to rise. After nine months of monetary injections employment is yet to really improve. The concept of an exit strategy seems to have been lost in the shuffle. It isnÂ’t mentioned anymore. As a result of these failures QE2 continues and talk of QE3 is heard on Wall Street. After three years of QE1, QE2 and stimulus all that has been accomplished is the bailout in the financial sectors of the US and Europe and the purchase of Treasury and Agency securities.