Monthly Archives: September 2012

Twist and Shout

As anticipated, the Fed today announced plans to burn $40 billion a month, with no end in sight: The Fed said it will buy $40 billion of mortgage-backed securities per month in an attempt to foster a nascent recovery in the … Continue reading

Posted in News | Tagged , , ,

Got Gold?

Just the hint that the Fed might start a third round of quantitative easing (QE3) after Friday’s release of weak US unemployment numbers sent gold prices up $40 in as many minutes: Commodities rose broadly on Friday as the dollar … Continue reading

Posted in News | Tagged , , , ,