Wednesday, January 1, 2014

You’re Going To Find There’s No Gold Available

Fed Chairman Ben Bernanke announced Wednesday that the Federal Reserve would begin tapering its $85 billion monthly bond-buying program in January.

The $10 billion dollar monthly cut to the Fed’s purchases of Treasuries and mortgage-backed securities comes amid a series of positive economic indicators including a falling unemployment rate, higher GDP and improving housing numbers.

- Source Yahoo Finance: