Fed Reserves annoucement that they will keep the rates at present level for 2 more years is good news and bad news as well. Good news for those who have been invested into the asset classes that would benefit from the debt crisis and possibly currency crisis that would ensue and bad news for other people like business and savers who will see more volatility and erosion of savings since the money itself is not definable and has not got any value today.
Lets just see YTD performance of different assets. Though the charts i will use will be of US market but this is to give a perspective.
Lets just see YTD performance of different assets. Though the charts i will use will be of US market but this is to give a perspective.
So you know who the best performer is now - Stay invested in Gold, Silver, CHF and CANDO. For people here in India - phyical gold and not the ETF's should be the best bet.
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