Post tagged with monetary policy
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Gold sets new highs
October 07th, 200911:44 AM ETBy Mark BillerGold soared to an all-time high of $1,045/oz yesterday, sparked by a couple of news items this morning. Both illustrate the point we've been making in recent months that the rationale for investing in gold stems from what is happening (and likely going to happen) to the dollar. One of the news items that sparked gold's rise was a report in the U.K... -
Fed starting to pull money out of economy
September 10th, 200907:30 AM ETBy Joseph SlifeIn three recent SMI cover articles (May, August, September), we've noted our concern that current fiscal and monetary policy - including an unprecedented increase in the money supply orchestrated by the Fed - is likely to create significant inflationary pressures. Of course, no one can accurately predict exactly when an inflationary surge will be... -
Baby steps back toward normal
August 13th, 200908:41 AM ETBy Mark BillerAs expected, the Federal Reserve left its target interest rate unchanged yesterday. However, they did take one tiny, positive step back towards "normal" monetary policy. One of the more controversial policies to come out of the financial crisis was the Fed's program to buy long-term government bonds directly from the Treasury. In other words, ...
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