Tuesday, December 16, 2008

Death of Deflation and US Dollar. Fed has cut to Zero. GDX, SSRI, SLW, AUY, MGN, SST.v OK.v, BVG.v, MAI.to, TNR.v CZX.v, SBB.v

Deflation is done and US dollar is collapsing, watch the Gold on the move signalling Inflation. Basically now is the time to buy everything what you can just with the name Gold in it. Will COMEX fraud be exposed next after Madoff scam? Short squeeze will be very helpful now to show who was suppressing Gold for years.
Fed Cuts Rate to Zero-0.25%, Will Use All Tools (Update 1)

"By Scott Lanman and Craig Torres
Dec. 16 (Bloomberg) -- The Federal Reserve cut the main U.S. interest rate to “a target range” of between zero and 0.25 percent and said it will do whatever is needed to end the longest recession in a quarter-century and revive credit.
The Fed “will employ all available tools to promote the resumption of sustainable economic growth and to preserve price stability,” the Federal Open Market Committee said today in a statement in Washington. “Weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.”
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