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Janet Yellen, Precious Metals and Interest Rates
Android Robot or Deer in the Headlights?
Janet Yellen’s recent appearance at the annual government hearing did not inspire confidence. At www.preciousmetalsinvesting.com we discuss the importance of diversifying away from things that depend upon monetary policy that is being determined by the FED. Precious metals investments allow you to diversify away from investments that have counter party risk. Janet Yellen’s inability to answer simple questions, and uncertainty in the future course of action left many investors on edge. I’ve seen other commentators call her appearance that of an Android Robot or Deer in the headlights. Go to google and enter those phrases and see what you think. I think the point expressed in this podcast is well taken. With people like this running the FED and having control of the country’s monetary policy shouldn’t you be invested in the precious metals?
Ted Sudol talks with Paul Mladjenovic, author of Precious Metals Investing For Dummies, Stock Investing For Dummies and High Level Investing For Dummies about the effect of the FED’s policy and why it is really critical that you diversify your investments with precious metals. You want to diversify your investments away from investments that can be adversely be affected by FED monetary policy. You want to diversify your investments away from counter party risk and fiat currency.
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