So the Fed, no surprise here, decided to keep rates unchanged in its penultimate meeting for the year. The Fed also noted that it will decide whether it will raise rates in December — since the Fed mentioned December many…
Another storm in a teacup, no rate hike, more promises about raising rates down the line – after all the dot plot showed most members still think a rate hike is in the cards in 2015 – and another anticlimax…
During most of May the bullion market was in its early summer slumber, but by the end of the month both gold and silver took a dive and finished May in the red. The FOMC’s next move regarding its interest…
The gold and silver market cooled down along with the rest of the financial markets as precious metals didn’t do much on a monthly scale. Even the recent FOMC meeting, in which the Fed decided to taper again QE3 by…
The recent FOMC meeting concluded with another tapering decision. This time, this decision had a lingering negative effect on the prices of gold and silver. But the recent mini-taper wasn’t the only issue on the table. The speculations around the…
Following the previous FOMC meeting, which ended with a mini-taper, the FOMC will convene again for the second time this month. This upcoming meeting could stir up the markets as it did in the previous meetings. Despite the tapering of…
The first FOMC meeting of the year ended with another mini-taper of $10 billion; thus, the FOMC’s asset purchase program will purchase $65 billion a month of LTS and MBS. This decision may have had a moderate adverse effect on…
The last FOMC meeting of the year ended with a mini-taper of $10 billion so that quantitative easing 3 will continue to purchase $75 billion a month of LTS and MBS. This decision may have had a moderate adverse effect…
Precious metals prices resumed their downward trend during November. The minutes of the penultimate FOMC meeting of the year revealed its members discussed the importance of conveying to the public that tapering QE3 (if and when it starts) won’t…
The recent developments in U.S and Europe raised again the talks over the changes in the monetary policies of the major central banks. Many anticipate there will be some sort of quantitative easing in the U.S and Europe during this…