The Federal Reserve recently announced another round of quantitative easing, backing a $40 billion per month bond purchasing program. Understanding how this program affects the economy as whole and gold prices in particular can help you make better investments.
In this video, you will learn more about the impact of the Fed’s program on gold prices from Jonathan Rose, the CEO of Capital Gold Group. With its decision, the Fed effectively said that the economy is still weak, and that an additional round of stimulus is needed to increase growth rates and bring down unemployment. This has sparked even further gains in the price of gold, as investors fearing inflation from the bond-buying program turn to precious metal investments.
Buying physical gold can be a good way to hedge your investment portfolio against unpredictable economic forces. To buy gold in Los Angeles, call Capital Gold Group at (800) 510-9594.
Disclaimer: The representatives at Capital Gold Group are not financial advisors and the information provided in this blog should not be considered financial advice. The past performance of gold investments is not indicative of potential future gains.