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Commodities Briefing - Categorized | Oil, Price Watch more

America’s worry should now be oil prices, not tapering

Posted on 27 August 2013

Right now, the market is caught up in this whole idea of the Federal Reserve tapering its bond-buying program and when they will do it … September or December. Keep in mind, that even if the Fed institutes tapering, it’s still going to be printing money. They’re not stopping what they’re doing.
In other words, it’s like me driving a car at 70 mph and I ease my foot off the gas pedal to where I’m only doing 55 mph. I’ve still got my foot on the accelerator and I haven’t tapped the brakes yet………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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