The following blurb is from Reuters.
Some Federal Reserve officials are ready to provide more monetary policy easing if the recovery is too sluggish to cut the lofty unemployment rate and if inflation eases as expected, minutes of their June meeting released on Tuesday show.
Others disagreed and said that if recent increases in inflation do not moderate, the Fed should consider tightening policy sooner than expected.
As soon as this news hit the wires, gold and silver prices surged. This news shouldn't come as a surprise to anyone paying attention simply because all the Federal Reserve can do is create more money to support their collapsing pryamid debt scheme.
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