Fed’s Own Forecasts Again Dead Wrong as QE4 Accelerates

Fed’s Own Forecasts Again Dead Wrong as QE4 Accelerates By Mike Gleason Precious metals markets enter November’s trading with bulls eying a potential year-end rally. Gold and silver prices did manage to post gains on Wednesday and Thursday after the Federal Reserve announced a quarter point rate cut. But the Fed followed up its move with language suggesting interest rate policy is now on pause. News Anchor #1: The Federal Reserve cut the benchmark rate by a quarter of a percentage point. It’s now at 1.5% to 1.75%. The rate…

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College-Bound Students Should Consider Buying Gold Instead

College-Bound Students Should Consider Buying Gold Instead By Mike Gleason Meanwhile, millions of young people who don’t necessarily have any funds to invest in financial markets face the dim prosp­­­­ect of negative real returns on their overpriced college degrees. Given declining academic standards and rising emphasis on ideological indoctrination at most colleges, economist Peter Morici suggests students might actually be better off buying gold coins. Stuart Varney – Fox Business News: You say that about half of the college students who are going to college this week are making a…

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