and also give a competitive advantage
to US global corporations
against countries who dont print as fast as the US
also, reduce relativly,
US workers wages
so we can be more competative in the world market
As of today, Jan 25th 2013,
the gold price is currently falling.
So, it is good to remember
the long term future price movement of gold
may be forecast.
–The gold price correlates with the US National Debt.
And the Fed plans to continue to print:
Dec 13, 2012
“The Federal Reserve officially announced QE4+2 yesterday….
The FOMC statement said it would consider raising the federal funds rate above 0%-0.25%
if the unemployment rate fell to 6.5% or the inflation rate hit 2.5%.”
and *must* continue to print.
and major international Central Banks
will continue to spend
–The gold price correlates with the Debt Limit.
–The gold price also correlates with the Monetary Base.
And, the Monetary Base is increasing.