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Gold Stocks Look Attractive Thanks to The Fed Rigging Treasury Market
Pinnacle Digest writes:
In the article linked below, Gary Tanashian explains what Ben Bernanke has done to keep inflation at bay. However, with inflation subdued and the markets stalling (and looking dangerously weak at this point), he feels Bernanke could kick in a new form of QE as another desperate attempt to keep the wheels on the wagon. After all, it is an election year and the powers that be will do their damndest to keep the picture looking rosy.
Tanashian breaks down exactly what this means for gold stocks and how an upcoming Fed Statement could give these equities a long boost to the upside. He also notes that if the markets begin to take a turn for the worst, it may not require a huge correction before the Fed steps in - it is an election year after all.
Gary Tanashian states “We precious metals players are at Ground Zero to what lies ahead, so if all goes well, NFTRH will not only be positioned properly in that sector, but also have a signal to cast out into commodities, emerging and even developed markets before the general stock bulls momo their way in.”