Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
In the same category

Will the 2013 Fed be Any Smarter than the 2007 Fed?

IMG Auteur
Published : January 21st, 2013
114 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
Category : Opinions and Analysis

Interestingly, the asset side of the Federal Reserve’s balance sheet reached the $3 trillion last week on the day before the release of the 2007 FOMC meeting transcripts that showed a central bank largely unaware that a recession was about to begin in December and of the impending doom of 2008.

The Fed's $3 Trillion Balance Sheet

One can only imagine what conditions will be like in another half-decade or so when transcripts for the 2012 and 2013 meetings will be released and the world learns of the internal debated over a massive balance sheet expansion known as QE3/QE4. My guess is that Fed officials will be seen as woefully underestimating the impact that their balance sheet expansions would have.

<< Previous article
Rate : Average :0 (0 vote)
>> Next article
Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
WebsiteSubscribe to his services
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Mining Company News
CLIFFS Natural Res(Fe)CLF
Why Cliffs Natural Resources Stock Price Is Under Pressure
US$ 3.55-8.03%Trend Power :
Corporate news
UR-Energy(Ur)URE.TO
June 17, 2015: Ur-Energy Announces Updated Technical Report for Lost Creek Property
CA$ 0.97-1.02%Trend Power :
Corporate news
Tahoe ResourcesTHO.TO
Goldcorp Reinstated At Outperform By Credit Suisse, Sees Cash Growth To Come
CA$ 15.50+1.64%Trend Power :
Corporate news
Duke Energy(Oil)DUK
Riley Institute at Furman, Duke Energy to help advance diversity leadership in SC following Charleston shootings
US$ 72.65+0.17%Trend Power :
Corporate news
Royal Gold(Ag-Au-Cu)RGLD
Shanghai Gold Exchange Withdrawals Point to Strong Chinese Demand
US$ 63.26+1.51%Trend Power :
Corporate news
Galantas(Au)GAL.V
Galantas Announces Private Placement
CA$ 0.12+25.00%Trend Power :
Corporate news
Niogold(Ag-Au-Cu)NOX.V
NioGold Reports Preliminary Leach Test Results at Marban
CA$ 0.40+2.56%Trend Power :
Corporate news
IAMGOLD(Ag-Au-Cu)IMG.TO
IAMGOLD clarifies impact of mining code revisions in Burkina Faso
CA$ 2.48+3.33%Trend Power :
Corporate news
Pacific Wildcat(Au-Ag)PAW.V
IIROC Trading Halt - PAW
CA$ 0.02+0.00%Trend Power :
Corporate news
Sterling Res.(Oil)SLG.V
Sterling Resources Announces Operational and Financial Update
CA$ 0.18+2.94%Trend Power :
Corporate news
Comments closed