Dave Kranzler of Investment Research Dynamics notes today that while the Federal Reserve purports to be raising interest rates, only the shortest-term rates are rising. Longer-term rates are actually falling, Kranzler shows, contradicting claims of a stronger U.S. economy.
Kranzler writes: "This illusion of 'tighter' monetary policy serves the purpose of supporting the idea of a strong dollar and enabling a highly orchestrated -- albeit temporary -- manipulated hit on the gold price using paper gold derivatives."
Kranzler's analysis is headlined "Has the Fed Really Raised Rates This Year?" and it's posted at IRD here:
http://investmentresearchdynamics.com/has-the...aised-rates-...
