G&G Associates
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The Fed Just Attacked Your Savings
Here's How to Protect Yourself and Profit Too
Karibu (Welcome) G&G Readers,
The Federal Reserve launched its latest attack on you and your savings a couple weeks ago, Wednesday January 25, 2012.
The Federal Open Market Committee (FOMC) has decided to keep interest rates at 0.25%. I expected that. What I didn't expect was their plan to keep interest rates "exceptionally low" through late 2014!
Now let's see...we're still in the early stages of 2012. That means 2014 is practically three years away. Can the Fed predict what the U.S. economy will do that far out?
Heck no! You and I both know that.
So they launched a plan that doesn't need a crystal ball. That is, they announced "money would be cheap for years to come." Unsurprisingly, the dollar dropped on this news, breaking its recent uptrend line. Check it out below:
Click on link for full report:
http://dl.dropbox.com/u/57272767/News%20letter%20post/G%26G%20Articles/GG_120207.pdf
Meda Ase p (Thank You Very Much),
Asar Maa Ra Gray
Tax & Financial Consultant, RFC
G&G Associates
757-251-3757 office
866-361-3872 toll free fax
www.gngassociates.net
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LEGAL NOTICE: This work is based on what I've learned as a financial researcher and analyst based SEC filings, current events, interviews, corporate press releases and what I've learned as a financial consultant. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice.
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