Brian Christopher: “Every time the Fed or Congress launches another plan to stimulate the economy, they fund it with money we don’t have. That’s good for the price of gold.”
Luongo: “What we’re seeing now is a false move down in the dollar which will get everyone on the wrong side of the trade once it becomes clear Europe has no answers.”
Bauman: “Positive sentiment is based on the Fed’s support for capital markets. Negative sentiment is created whenever there are a few headlines reminding people of reality.”
Shoop: “When you read the analysis and the reasoning, it is just the same old story — capital needs, near term demand issues, competition.”
The current 12.4% Social Security payroll tax is equally split between employees and employers, but it would have to be increased substantially in order to keep Social Security funded.
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