OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Low rates/easy money good for gold, right? But I won’t hold my breath…nor should u.

Posted by Richard640 @ 14:16 on September 29, 2014  

Geneva group’s report predicts low interest rates forever

Submitted by cpowell on 11:07AM ET Monday, September 29, 2014. Section: Daily Dispatches
Which is to say financial repression and gold price suppression by central banks forever.

* * *

Geneva Report Warns Record Debt and Slow Growth Point to Crisis

By Chris Giles
Financial Times, London
Sunday, September 28, 2014

http://www.ft.com/intl/cms/s/0/4df99d28-4590-11e4-ab10-00144feabdc0.html

A “poisonous combination” of record debt and slowing growth suggest the global economy could be heading for another crisis, a hard-hitting report will warn on Monday.

The 16th annual Geneva Report, commissioned by the International Centre for Monetary and Banking Studies and written by a panel of senior economists including three former senior central bankers, predicts interest rates across the world will have to stay low for a “very, very long” time to enable households, companies, and governments to service their debts and avoid another crash.

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.