Bank of Korea Cuts Policy Rate

South Korea’s central bank unexpectedly cut its benchmark interest rate for the first time in seven months, moving to prop up an economy hit by slumping exports and tepid domestic demand.

The Bank of Korea’s decision on Thursday to trim the base rate by 0.25 percentage point to 2.50% comes as persistent tensions with North Korea and the Japanese yen’s weakness as a result of Tokyo’s aggressive monetary easing campaign are adding to concerns about sustainable growth in Asia’s 4th largest economy.

The latest monetary easing, following two similar rate cuts last year in July and October highlights increasing concerns among Korean authorities about the health of the economy.

Here we go again everyone, another country printing away to keep up with everyone in the world printing. When one country prints its affects every ones economies. When one country prints everyone else has to eventually print to boost there exports and imports. We will continue to see this massive global printing for a long time, so buying physical gold and silver for your future savings fund is a very wise decision to make in my opinion. If you don't mind your purchasing power diminish don't pay attention to any of this. Also since they will be printing it would be good to position ourselves for a boost in there major index like the Dow Jones,Nikkei,TSX does every time any of those countries print. The United States stock market is only going up because there printing so much money every month. The markets are experiencing a sugar rush right now. Watch what happens when the FEDS stop feeding the market its sugar it's going to freak out! People following me on my social networks will remember me talking about when the market and economy starts to looks like it going back to normal that's the sign that the big boom is right around the corner and the Dow reaching history heights and unemployment is dropping supposedly. There trying to FAKE us out right now DO NOT BUY INTO IT!!! Stick to our strategy and look at the long term. They can play with the prices for only so long til the gig is up. Gotta also think about this if there's already a massive shortage on physical supply what does everyone think is going to happen when they actually announce the crisis and everyone knows how bad it is and they all rush into metals? It's going to be like being in a theater and everyone rushing for the door at one time! it's going to get crazy beyond believe when this hit critical mass. So keep positioning yourself and buy as much as you can monthly. Have a plan in place to purchase every month as much as you can. The 3rd week of May we'll hopefully beable to start taking ordering and having supply from the mints. You can also follow along finance news on my company website www.MLMetals.com and if you want to purchase physical metals you can orders it from there also we deliver globally. If anyone has any questions or comments please leave them below or email me at MarkLikarevic@MLMetals.com. Stay tuned in for more articles to come. Please share with your friends if you thought this was a great read.