Tag Archives: ecb

Each week, Your News to Know brings you breaking news about the overall economy and the market of gold and other precious metals. This week’s stories include: Peter Schiff believes that this is the last window of opportunity to exchange overvalued dollars for gold … gold goes up on reports of central banks looking to expand gold reserves … and U.S. gold production down 11 percent in August. Click to explore in detail.

Every week, Your News to Know offers you breaking news about the economy and the market of gold and other precious metals. Stories this week include: Marc Faber says he owns gold because he doesn’t trust the financial system, gold rises again as the dollar drops, and gold coin sales surge as buyers seek bargains. Read more.

Fed Chair Janet Yellen sounded positively upbeat and hopeful as she testified and answered questions last Friday before the Senate Banking Committee. She was encouraged about manufacturing numbers, about unemployment figures and the strengthening of the U.S. economy. She seemed confident that October was still the right time to end Quantitative Easing. She also indicated that interest rates would eventually rise. Here’s the question: Should we buy it?

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.

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