Sometimes investors thinking about including physical gold in their portfolios find their financial advisors steering them away from the metal. This advice is often based on a bias against gold that is common among financial advisors as well as many institutional...
As I write this morning, gold has given up two-thirds of its gains following the Fed’s decision last Wednesday to continue its $85 billion-a-month in bond purchases under QE3. One reason for this retreat is that markets overreacted to the news, just as they did back...
Three months ago, no one knew what the FOMC was. Today, millions of eyes around the world were on the FOMC awaiting its decision on whether to taper QE3. Its decision to postpone tapering came as a surprise to the vast majority of analysts who had viewed the weight of...
Today, the Federal Reserve's Open Market Committee (FOMC) started a two-day meeting during which it decides whether to begin tapering the $85 billion a month bond buying program known as QE3. QE3 is the third installment of the Fed's unprecedented efforts to reduce...
What’ll the Fed do about QE3 when it meets next week? I've said before the numbers to watch are those related to employment and the two forces that have driven our anemic recovery—housing and consumer spending. If those numbers indicate the economy is gaining steam,...