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Melman on Gold & Silver

The great transition has now occurred as we move away from the Age of Fed Chairman Greenspan and into the Age of Fed Chairman Bernanke. However, Mr. Greenspan was kind enough to leave a last-minute parting gift by raising the overnight lending rate to 4.5% on his last day in office, January 31, 2006.

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Melman on Gold & Silver


...for the most part, visible price inflation has remained dormant for the most of that period of time. This state of affairs would appear to contradict both monetary history and typical cause and effect reasoning. Even the Fed has expressed some surprise and concern regarding the matter.

Melman on Gold & Silver


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