FOMC Meeting

New dot plot:



Old dot plot:

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No Taper From Fed?

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As predicted here , there was no way that the Fed was going to taper. Just wanted to put a souvenir on the blog. Gold shot up almost 3% while silver shot up more than 3%. Now what do we have to expect from the future then? Of course, precious metals are the place to be. U.S. bonds can be bought for a quick trade. Equities will follow the continued balance sheet expansion upwards. Cash is the worst you can have in your pockets as the U.S. dollar will drop, especially with the increase of the debt limit soon.
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