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Kosares -- Fed's influence failing; Macleod -- markets will beat central banks
3:16p ET Thursday, June 18, 2015
Dear Friend of GATA and Gold:
USAGold proprietor Mike Kosares writes today that the Federal Reserve's continued reluctance to raise interest rates, demonstrated again this week, will trigger still more speculative bubbles. His commentary is headlined "Fed Cracking the Whip Will No Longer Work to Keep the Tiger Sitting on Its Stool" and it's posted at USAGold here:
http://www.usagold.com/cpmforum/2015/06/18/fed-cracking-the-whip-will-no...
Meanwhile, GoldMoney's head of research, Alasdair Macleod, writes that central banks are struggling to prop up asset prices and suppress them at the same time, and it's starting to come apart, because markets will always win in the end. Macleod's commentary is headlined "Bonds and Banks" and it's posted at GoldMoney here:
https://www.goldmoney.com/research/analysis/bonds-and-banks?gmrefcode=gata
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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