Dear Mr. President: Now It’s Time to Deliver on Your Promises
By the time you are reading this, either Barack Obama or Mitt Romney will have won the race to be the 45th President of the United States.
In the article “Didn’t Get into Gold Early Enough? This Other Metal’s Your Second Chance,” Lombardi states that, in the past few weeks, silver prices have increased significantly. While he concedes that gold bullion prices have done the same, he notes that by looking at the percentages of these increases, you can see that silver prices have outperformed gold bullion.
Original Article Published at www.investmentcontrarians.com
In a recent editorial, I talked about QE3 (a third round of quantitative easing implemented by the Federal Reserve) and how it was a reward largely for the upper echelons of income-earners. The middle class will benefit due to the lower carrying costs, but the rich will really be the net benefactors of this monetary policy.