
QE
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Fed ends quantitative easing program, Alan Greenspan praises gold?
- October 29, 2014
- Posted by: Orkan Ozkan
- Category: Featured, Gold, Government, News
2 CommentsThe Federal Reserve concluded its monthly meeting today, in which it decided to end its quantitative easing (QE) program and continue to keep interest rates low for a “considerable time”. These announcements were in line with analyst expectations. You can see the full official statement here. The Fed’s QE program, introduced in 2008, involved the central bank
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What Actually Happens When a Government “Prints Money”?
- May 1, 2014
- Posted by: Orkan Ozkan
- Category: Currency, Featured, Gold, Government, Learn
In economic discussion, you may often hear that a government is “printing money” and then picture sheets of hundred dollar bills coming off a printing press. However, most often this is not what actually takes place when a government adds to the monetary supply. Money creation in modern economies usually involves creating money that is not physical. Central
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Asian Markets Take Gold Higher
- May 30, 2013
- Posted by: Orkan Ozkan
- Category: Gold, Government, News
Gold led the complex higher overnight when Asian traders and investors went bullish on gold as the Nikkei fell over 4 percent. A large gold purchase, rumored to be by a Chinese bank, took gold above $1,400.00, whereas buy stops on the electronic platforms took gold up to $1,410.00. The rest of the complex followed
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