Gold and Silver rise on back of FED's failure to raise interest rates.

http://www.illuminatisilver.com http://www.facebook.com/illuminatisilver Gold and Silver rise on back of FED's failure to raise interest rates. Today is Thursday 17th March 2016 and we are briefly covering the ramifications of the FED not raising interest rates yesterday. After a 2 day meeting the Federal Reserve held interest rates steady on Wednesday and cut the expected pace of future monetary policy tightening as a weak global economy caused some concerns. The bank said that a moderate economic expansion and “strong job gains” would make it appropriate to hike rates over the year. It appears that policy makers are now comfortable with two quarter-point rate rises by the end of 2016. Janet Yellen the FED Chair stated: “I am wary and have not yet concluded that we have seen a significant uptick that will be lasting,” ……..The U.S. economy has been very resilient in the face of shocks … That is important………proceeding cautiously will allow us to verify” that the economic recovery remains on track.” Once again concerns over Japan, Europe, and the ongoing slowdown in China dominated their discussions. The dollar fell sharply against a basket of currencies after the statement. Yields on U.S. Treasuries dropped across the board, while stock markets rallied. The S&P 500 closed at its highest level since Dec. 31st. Gold moved up rapidly on the news from around the $1229 level to $1260 and is currently standing at $1265 an oz, and silver also jumped from the $15.22 level to $15.60 and is currently standing at $15.66. The dollar index fell from around the 95.70 level and is currently standing at 95.10. Please view our latest videos: Peter Hug of Kitco News agrees with illuminati silver over the Gold to Silver Ratio https://youtu.be/S_2_e4NOu60 Trump wins Florida and Rubio suspends his campaign https://youtu.be/vypEy-kCya8 What does ‘negative interest rates’ mean and will the policy work? https://youtu.be/j43FMVIPIlw Gold and Silver Update w/e 11th March 2016 - by illuminatisilver https://youtu.be/ydeX9PSm7NQ Gold and Silver prices may fall as Investors take profits https://youtu.be/EUtHLNIipuw Is Apple Protecting Privacy Rights and the US Constitution? https://youtu.be/PXIWwGn3yAI China’s exports fall by over 25% https://youtu.be/vakK4HPcwe8 Mexico’s President likens Donald Trump to Adolf Hitler https://youtu.be/1fMy9lX6Eb0 Nancy Reagan dies – aged 94 – An influential US First Lady https://youtu.be/KRY3ti6bZjY Despite good job figures US rates unlikely to rise before June 2016 https://youtu.be/ssjsNJq0RxQ Is Ted Kruz a Freemason and if so will he be the next Masonic President since Lyndon B Johnson? https://youtu.be/UNTHVed1nOQ Gold and Silver Update w/e 4th March 2016 - by illuminati silver https://youtu.be/Z57uQcUEIOQ U S private sector adds 214,000 jobs in February https://youtu.be/sdlK7iUmUtg Greenspan not optimistic about China, World Growth or Dodd-Frank Regulation https://youtu.be/jS70eUmFaw0 US Ratings Agency – Moodys – cuts outlook for China from ‘stable to negative’ https://youtu.be/2fa5UPUQQOY Super Tuesday – Trump Dominates and Cruz does OK https://youtu.be/7pqpM6XnGxo Eurozone falls back into deflation in February 2016 https://youtu.be/hEfJLDIPC4g China to lay off 1 8 million workers in its Coal and Steel Industry https://youtu.be/xqywVB8PLiE Gold and Silver Update w/e 26th February 2016 by illuminati silver https://youtu.be/eN3DN-nW1I8 7 Reasons why Chris Christie endorsed Donald Trump for President https://youtu.be/aPDKPN7q8Qc Did Donald Trump win Thursdays CNN GOP Debate in Houston Texas? https://youtu.be/xnNQl6O71Rc Gold and Slver Price Forecast 2016 - by illuminati silver – Conclusion - part 3 of 3 https://youtu.be/zPikxuF1IRY