Sunday, October 13, 2013

Sit tight and wait

“We need to understand that as this lunacy continues the job of the Federal Reserve Bank is made more and more difficult for there shall be less and less proper data collected by the government on the state of the US economy, and it is upon this data that the Fed’s decisions on monetary policy are based,” Gartman said.

“In this instance, the policy decision shall be: 'When in doubt, opt out.' That is, when in doubt, do nothing; sit tight and wait for further information and instructions,”