The unemployment numbers continue to show that the economy has produced not that many jobs. The Fed will be forced to implement accommodative measures through the reinstitution of quantitative easing. Investors are now factoring in a QE3 by whatever guise necessary.
The unemployment rate is already high. Elections are looming. The politicians in Washington will do whatever they must if they want to have a chance at being reelected. Bernanke in his statements assured us that he has a number of arrows in his quiver.
Another Ben with the name Franklin famously wrote, “The only thing that is certain is death and taxes.” Bringing this aphorism up to date one could add economic stimulation and inflation to his observation.
Gold Stock Trades continually annunciates the mission statement of our service. Stocks are very carefully selected as candidates that may experience major gains which far exceed the negative interest rates given by your friendly neighborhood bank. The miners (GDX) have vindicated our motus operandi. They are on the move…upward and onward! Excelsior!