Why The Unemployment Rate Is Irrelevant – Lance Roberts

“The media, the financial markets and investors have become fixated on the unemployment rate, as reported by the Bureau of Labor Statistics, particularly since it was directly linked by the Federal Reserve to its current bond buying program.  With the latest gyrations in the markets over the last couple of months tied to “will the […]

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Open Ended QE Announced… And people still don't believe in Gold & Silver?

So we just had Ben Bernanke announce an Open Ended QE program. Check the Business Insider article here. In simple terms, which is how I like to make things for you guys, what we’ve basically got is $40bn a month being printed to buy mortgage backed securities. This means we’ve just signed up for $480 […]

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