One Clear Answer Is Gold
There remains a great deal of uncertainty in the markets across the globe, but in all this tumult one opportunity is becoming clearer: gold is going to make another run, write Mary Anne and Pam Aden of The Aden Forecast.
It was another very volatile month. That goes for the markets, as well as what’s been happening on the world stage.
Think about it for a moment: Just over the past month, the Fed launched a massive QE3 program that’s going to last indefinitely. The ECB has a similar plan in the works, buying bonds of the weaker Eurozone countries and doing all it can to save the euro.
Riots and violence swept the Middle East. Protests also continue to engulf many of the worn-out European countries. And the US election has been full of surprises as it nears the final stretch.
We all know the economy is struggling, and this too was reinforced several times in recent weeks. The first signs of inflation also popped up, but they basically went unnoticed. Concerns about the global economy and the election intensified too.
These factors and more moved the markets. For the most part, they were biding their time, but that isn’t the case any longer. The markets are moving with uncertainty.
Another Historical Round of Liquidity
Even though QE3 is now old news, we want to touch on it because the actions and implications will be long lasting, affecting all of us.
Most important, QE3 is unlimited. In other words, the Fed will do whatever it wants for as long as it wants until it decides when enough is enough and it’s satisfied.