The state of gold, page-1366

Here is what the non voting Bullard has to say....

“If a bubble in a key asset market develops, history has shown that we have little ability to contain it,” Bullard said. “A gradual normalization would help to mitigate this risk while still providing significant monetary policy accommodation for the U.S. economy.”

....the economy is " liable to overheat later this year " yet the interest rate is still at zero?....and they only want to raise them because they know they are blowing bubbles that they have "little ability to control" ....whoa baby, stand back this economy is smoking!!.....better continue to provide " significant monetary policy accommodation " because it is so on fire...

If the US economy is so good why not raise at the last meeting or the one before that or the one before that or the next one or the one after that............