The Phaserl


States Try To Ditch The Fed With Silver and Gold

by Adam English, Wealth Wire:

You don’t have to sift through business and economic headlines to see strong reactions to the Federal Reserve’s quantitative easing.

On one side, you have companies, banks and equity traders that are hooked on the easy money. On the other, you have strong apprehension regarding the massive monetary base increase and inflation fears:

With the current stance of the Fed, QE supporters don’t have much to worry about these days. Announcements from the Fed hardly even show up on Wall St.’s collective radar anymore because Bernanke repeatedly reinforces that interest rates will essentially be nonexistant for at least another year, if not more.

For people concerned about QE it is the exact opposite. There is plenty to worry about but little that can be done about it.

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