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6,442 Posts.
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14/09/12
07:55
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Well it looks like Ben has pulled the trigger on QE3.
This time the program is open ended, and will continue until there is a "substantial" improvement in the USA jobs market.
He also pledged to keep rates at "exceptionally low levels" until at least mid 2015.
They have pulled out the bazooka to lower unemployment and as a result, equities and USD denominated assets will continue to increase in value.
A summary of the base metal and silver price action last night.
Silver = +4.11%
Copper = +1.41%
Zinc = +2.04%
Lead = +2.53%
The fundamentals keep improving.
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