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Monday, March 19, 2012

Has the Apple of Wisdom fallen far from the Tree of J.O.B.S.? - YouTube

Has the Apple of Wisdom fallen far from the Tree of J.O.B.S.? - YouTube
 And speaking of the dollar, can the federal reserve continue its practice of keeping interest rates at near zero for at least two more years as promised, or will it be forced to begin raising them? This is the question that the latest Fed survey finds that nine out of ten market participants don't believe the Fed will wait 2 years. In fact, more than fifty percent believe the first fed interest rate hike will come by 2013. "There is no way the Fed will fulfill its pledge of keeping rates at present levels until 2014,'' wrote Rob Morgan of Fulcrum Securities in response to the survey. "I'm shocked that some market watchers are still talking about another round of quantitative easing...The big risk for the Fed is falling behind the inflation curve." So whose right, the interest rate bulls or the interest rate bears? Damon Vickers has been very bearish on the dollar, as his book suggests, and he has been bullish on gold, but the dollar's strength has surprised many bears of the past few years. We'll get his take on where he thinks the dollar is headed, as well as gold, us treasuries, and much more.


 

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