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Precious Metals & The Fed
August 9, 2023

Will annual trillion dollar Fed stimulus initiate significant appreciation for tangible wealth?

Dow Theory Letters, by Richard Russell in
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What’s QE4 all about?

”Ben Bernanke continues to make history at the Federal Reserve.  On Wednesday, the FOMC announced more quantitative easing at a rate of $85 billion a month for an extended period of time.  The Bernanke Fed has also modified its guidance, noting its ultra-accommodative stance will remain in place until the unemployment rate falls below 6.5% and inflation projections remain no more than half a percentage point above 2% two years out.

Russell comment — And you wondered why selected tangible items have sky-rocketed”

*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.

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