Gold Extends Losses Following Fed Testimony

By Charles Bovaird | September 29, 2016 Gold prices extended losses on Wednesday, September 28 after Federal Reserve Chair Janet Yellen testified before Washington lawmakers. The precious metal suffered these declines after dropping to a one-week low the day before. December gold futures had fallen to as little as $1,321.10 per ounce as of roughly […]

The Fed Is Leading Us to Economic Hell

SEP 27, 2016   John Mauldin ,  CONTRIBUTOR The Fed argues that low rates have worked. The economy emerged from recession. Unemployment drifted back down. “Yay for us,” said the Fed. Don’t buy that statistical economic garbage. The economy recovered in spite of Fed policy, not because of it. The economy recovered because business owners, entrepreneurs, […]