GREY:STTYF - Post by User
Comment by
thegazelleon May 31, 2013 10:52am
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Post# 21466581
RE: ur joking right
RE: ur joking right The reason why equities are up is not because of any fundamental improvement in the economy. It is due to the massive money printing (quantitative easing) by the Fed, expanding the money supply and increasing inflation, which causes prices to rise including stocks. Gold and other metals seem to not do as well when the general equities market is on the rise. The central banks will try to lead us to believe that with higher prices and low interest rates, that the economy is on the rebound. If it is, then let them turn off that 85+ billion per month the U.S. fed is buying in treasuries, and let's see how the economy does. They know that the stock market will plummet if they take the stimulus out, so what you are seeing in stock price appreciation is very artificial.