YELLEN MAY BE GIVING THE SIGN TO BUY HARD ASSETS $BHP $CLF $CUT $DHI $GLD $ICF $IYR $JJC $KBH $LEN $RIO $RWR $SLV $TCK $TOL $USO $VALE $VNQ $WOOD
In a speech in Boston, Fed Chair Janet Yellen talked about to using monetary policy to run the economy hot. She seems to be willing to tolerate a higher level of inflation than the current Fed objective. Higher inflation is inevitable if the economy is run hot with monetary policy tools. On the surface, it would seem that buying hard assets is the way to go to profit from higher inflation, but under the present economic conditions, investors will want to be highly discriminating.
We will explore gold, silver, oil, copper, nickel, zinc, iron ore, timber and real estate later in this column.… Please click here or the title below to read more.
October 19, 2016