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Message Subject 10$ 4 a loaf of bread & a gallon of milk
Poster Handle Anonymous Coward
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Fed To Commit To A Staggering $1 Trillion Of QE For 2013

Goldman also predicts there will be no change in the Fed’s interest rate policy until 2016. So we are talking three full years, 2013, 2014, and 2015 where we will have these near zero interest policies from the Fed. Now as you know, any time you have a net-negative real interest rate environment like this it is friendly to gold.


So you take that near zero interest rate environment, with negative real interest rates, plus close to an additional $2 trillion of upcoming additional QE, and here is what I can say to that: Anyone who does not own physical gold is committing financial suicide.
 
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