The Fed continues with its “QE forever” easing program. But something new has been added. The Fed now wants the unemployment rate to be at 6.5%, and they’ll keep rates around zero until that happens.

Bill Gross is founder and co-CEO of Giant PIMCO. Gross is a member of BARRON’S Roundtable and is highly respected on Wall Street. Gross is a bond-man, and I don’t ever remember him saying anything about gold.
Bill Gross says only gold and real assets will thrive in fiscal ‘ring of fire.’

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