Fed Rescue = Increased Inflation

Beware the Trojan horse of easy money.
Billions of dollars added by the central banks around the world on Friday - particularly in the U.S. and Europe will result in increased inflation.
They may not have had a choice in the efffort to end financial gridlock but there will be unintended consequences for us all , as a result.The U.S. dollar will keep sliding - and this may accelerate if the Fed cuts interest ratesin September or earlier.Commodities - dominated in U.S. dollars will rise - hence golds increase on Friday.Stay with the resources like oil , copper , zinc and the producers who mine them - see the AMP Portfolio at the market blog http://www.amprogram.com