Showing posts with label ZIRP. Show all posts
Showing posts with label ZIRP. Show all posts

Wednesday, January 25, 2012

OT: Gold Going Vertical After the US Fed FOMC Meeting

that announced the ZIRP (zero interest rate policy) at least until the late 2014, with indication that the US central bank may further "accommodate" (QE3) the still-sluggish "recovery" of the US "economy". Probably just in time for the re-election campaign to be mounted in earnest by the incumbent.


Zero Hedge has a comparison of December and January FOMC statements, here.

As Japan could easily tell to Ben "Bernank" Bernanke, once ZIRP, always ZIRP. Or at least 2 decades and counting.