The Fed Is Going All In: And So Should You (FXY, FXF, GLD)

On Tuesday, the Federal Reserve released the FOMC statement on interest rates and the outlook for the economy. The statement sent a clear message to the markets that the Fed was prepared to adopt a more accommodative monetary stance if the outlook for the economy continued to deteriorate. Essentially, Ben Bernanke and his merry gang of banksters said that they will print as much money as needed in order to backstop the economic "recovery." The Fed is willing to go "all in" with regard to the debasement of the U.S. Dollar. That is clear.



Investors should do the same. If the financial bubble blowers at the Central Bank want to trash the dollar beyond repair and risk hyperinflation, then investors should stand at the ready to meet them step for step. The outlook right now is fairly straightforward in the near-term. Buy gold. Consider the SPDR Gold Trust ETF (GLD) or the Sprott Physical Gold Trust (PHYS).

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The Fed Is Going All In: And So Should You (FXY, FXF, GLD) originally appeared on BloggingStocks on Wed, 22 Sep 2010 17:20:00 EST. Please see our terms for use of feeds.

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Central Bank - Ben Bernanke - Federal Reserve System - Federal Open Market Committee - U.S. Dollar

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