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✔ Make $400 a day [Demo Available] ► http://2by.us/money Gold is modestly lower this morning, weighed a little resilience of equities, despite the stunning collapse of economic activity in the first quarter. The final revision of Q1 GDP was -2.9%. That's down from -1.0% in the second review, which was reduced from 0.1% in the progress report. What makes it all even more surprising is that estimates of growth earlier in the year were in line with the growth rate of 2.6% in Q4-13.Oh, how those forecasters were spectacularly wrong. And it's not the strength of the populations of interest. Worst of GDP print in five years and increase reserves. The last time GDP contracted at a pace, when we were not in recession was 1956! At a level that is consistent with the reality of the past five years, due to expectations of a rate hike by the Fed was pushed further. If Q2 disappoints on some level, so the Fed will probably have to consider ending or decreasing the cone. If the pump keeps pumping liquidity, that's good for stocks, but should also be supportive for gold. Perhaps most importantly, however, the increase in stocks in a shrinking economy simply does not pass the smell test for most investors. They are as scary and it's probably too early to bail at the first sign of market weakness. Amid economic uncertainty, gold is likely to provide an attractive destination for capital leaving the stock market. Tangent Capital Jim Rickards was perfect when the Fed warned that tapers in weakness. "[T] hey began to decline without meeting their own criteria for growth and inflation. Danger is now causing a recession," Rickards said in an interview back in February. If we slide into recession even before we have fully recovered from the Great Recession, the consequences could be dire indeed. The average recovery post-World War II has lasted 57 months. We passed that mark in March, the end of Q1. We may be living on borrowed time already. More Resource: http://silvergolddaily.com/ Gold: http://en.wikipedia.org/wiki/Gold Silver: http://en.wikipedia.org/wiki/Silver IRA Account: http://en.wikipedia.org/wiki/Individual_retirement_account Gold Backed IRA: http://en.wikipedia.org/wiki/Gold_IRA gold, silver, gold investment, 401k, bullion , how to invest in gold, buying gold, gold stocks, why buy gold, gold ira, gold ira rollover, silver investment, investment, ira, invest in gold