Tag Archives: ben bernanke

Our nation’s spirit of independence, first embodied by our forefathers, won’t endure on its own. Today, with politicians and the media alike trying to dictate the narrative that is in their own best interest, we must constantly live up to our independent ways. For us at Birch Gold Group, this is especially true when it comes to protecting your savings. Given all of the investment options available to you, rarely do we see those in the mainstream media give precious metals fair consideration. So for this month, in the spirit of America’s Independence Day, we encourage you to declare your independence from what some would like us to rely on. What can you declare your independence from?

These days it seems as though the Fed controls every twist and turn from the financial markets. Ben Bernanke can so much as look at someone the wrong way and the markets will swing wildly. With more and more Americans finding it increasingly difficult to control their own destiny, they’re looking for a way to free their savings from this mess. Fortunately, there is one…

It has become a beating drum; the Federal Reserve holds its meetings and inevitably someone exits with a proclamation that Quantitative Easing is going to be phased out. As the sole engine backing the stock market’s growth over the past five years, an end to QE could be catastrophic for your stock portfolio. Fortunately for stock holders, it has been one empty promise after another: Quantitative Easing rages on, and the liquidity it has created continues to push stocks higher.

Peter Schiff was right in 2007. While many of the other “experts” were feverishly telling you to buy stocks, Schiff was one of the few predicting disaster for 2008. This track record alone should have been reason enough to believe him last year when he first predicted a second financial crisis for 2013. But if you carried some skepticism with the new forecast, there’s simply no denying the latest evidence of the stars aligning.

Fueled by continued chatter surrounding the indefinite duration of QE3 and the nearing “fiscal cliff”, gold reached fresh 2012 highs last week, nearly hitting $1,800 before settling at $1,784. All metals were up for the week, and we continue to see calls across the board for precious metals to continue their upward trends.

On the heels of the Fed’s announcement of QE3, Morgan Stanley is already predicting a fresh round of quantitative easing to be thrust on top of the $40 billion to enter the economy each month. What does it mean for your investments? And for gold and silver?