The Fed released long-awaited FOMC official statement

Indicating they will be more patient without the word "patient" than when they were officially patient

Why take the word away in the first place?

The Fed wants to appear to be moving closer to a destination to which it has no intention of arriving

The Fed is clearly more concerned about the economy today; they reduced growth estimates

Janet Yellen said she will not raise rates until she sees improvement in the labor market

The Fed not satisfied with 5-1/2% unemployment

The jobs number is the outlier and will turn around

Housing starts collapsed in February; biggest in 8 years

Economic Surprise Index is most negative in memory

It doesn't matter what the unemployment rate is; the Fed can't raise rates without creating a financial crisis worse than 2008

The minute the Fed went down the path of QE, they sealed our fate

There is now so much debt that we need QE more than ever

The dollar had a huge rise in anticipation of rate hikes

The Fed is more likely to launch QE4 than to raise interest rates

The Fed is not going to raise interest rates until there is a currency crisis

When the dollar turns, commodity prices will surge in all currencies

The fact that the day of reckoning has been delayed with increased debt means a bigger payday for Euro Pacific Capital investment strategy

It will be better to restructure and default on some of our debt that to deflate it away

Understand the end game, ride it out and have the last laugh