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Gold And 5 Years Of Global Central Bank ‘Temporary And Emergency’ Monetary Policy Actions
Sunday, April 14, 2013 17:49
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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
zerohedge.com / By Tyler Durden / 04/14/2013 18:30
When all this began, we were reassured that extraordinary balance sheet expansion and the ZIRP environment were merely temporary and only to get us through the short-term emergency. The following chart and table covering the monetary-policy-on-steroids of the Fed, ECB, BoE, and BoJ suggests this is a long-emergency indeed… and the current disconnect between the ‘planned’ expansion of central bank balance sheets and gold suggests that Cyprus’ central bank head may just replace UK’s Gordon Brown as the worst market-timer ever.
Thanks to BrotherJohnF
2013-04-14 17:46:42
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