19.03.2009 - International forecaster March 2009 - gold, silver, economy + more
From Goldseek.com: The new mantra for central banks is ‘zero-interest rates’ and an increase of 2% of GDP in money and credit. After this game has spent itself the only room left to maneuver in will be more inflationary increases in money and credit and monetization. Parallel to these actions are exploding budget deficits worldwide. As a result of this short-term, opportunism stock markets worldwide are suffering, most recently have broken to new lows not seen in years. Earnings are plunging and dividends are being cut to the bone..... Full Article: Source
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