woensdag 25 januari 2012

The Fed will never increase interest rates again

Today Ben Bernanke said he would keep the benchmark rate essentially at zero percent till 2014. Earlier he said he would keep it at zero percent till 2013.

My take on this is that they will never increase interest rates again, until the whole system collapses. Marc Faber already pointed this out in 2010.

Look at what effect it has on the silver and gold price...

spot silver
Spot Gold

To see the whole interview, see below:

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