Tuesday, 3 February 2009

Is the FED making progress on reflating the US economy?

Two articles from different sources weigh up the evidence that the US Federal Reserve is already making progress on reflating the US economy. The implications for gold and silver from the Fed monetizing treasury bonds and other financial assets are highly favourable - although you would never know it from the action in gold and related PM stocks today. The next two to three weeks may hold pleasant surprises for some gold and silver bugs.

Boris Sobolev is a known PM investor

Bloomberg represents "Main Street"

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I teach Film, Media and English Lit.