To borrow from a market letter writer, I am shocked, shocked the FED will be buying mortgage backed securities into the unknown future. This is going to create jobs? "Thank you Benny and the Jets".
For me, I covered a small short and am buying Gold ETF's, stock and some metal. For Oil buying ETF's and oil company stock. Some other companies which should benefit from a weakening US dollar. I'm buying lightly and carefully, still wondering how long market indices can keep going up with a poor performing economy. Certainly as long as Bernanke keeps adding liquidity into the system.
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