Today the EU (Europe), adds more stimuli to aid its failing economy. Europe has lowered interest rates TO NEGETIVE, EVEN LOWER. Their deposit rate was MINUS.3%, now has gone to MINUS.4% (-. 4%) SAVINGS RATE !!! Lowered the refi rate from +. 5% to 0%. Expanded monthly asset purchases to 80 billion euros. Their goal is to get a sustained rise in inflation. Weaken their currency... JAPAN AS WELL has recently gone to NEGETIVE interest rates. Brazil, Russia in recession. Canada I think as well. As the U.S. has recently raised interest rates from 7 years of an EMERGENCY level of 0% to +. 25%. Big money is betting we will go back to 0%. Maybe even negative. CENTRAL BANKS are playing GOD. WE ARE BROKE!! The upside is, so is most everyone else!! WE HAVE NEVER PAID for the last recession. SHOULD have been an all out DEPRESSION. We just put off paying for it. WE CAN'T AFFORD to make payments on the INTEREST ALONE. We have to BORROW to pay that. CURRENCY wars are beginning. Gold off to best start of the year since 1974. Should we fall into recession (some believe we are in already) the central banks have NO AMMO LEFT to save us this time. This is why there is so many DOOM AND GLOOM forecasts. GOOD LUCK to whoever is the new president..
