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The Fed's Next Announcement Will Be To Increase Quantitative Easing

Saturday, June 22, 2013 - 9:09 PM
As usual the Federal Reserve media reaction machine has fallen for a poorly executed head fake. It has fallen for this move many times in the past, and for its efforts, it has tackled nothing but air. Yet right on cue, it took the bait once more.

http://www.businessinsider.com/tapering-the-taper-talk-2013-6
10
ShorebreakShorebreak2,381 posts since
Apr 6, 2010
Rep Points: 12,717
1. Sunday, June 23, 2013 - 8:05 PM
Great read.  I would very much like to believe it.  But considering the economic reality and the pending change-of-guards for Fed., I serious doubt that (increasing QE) will come true.
1
51hh51hh1,462 posts since
Jan 16, 2010
Rep Points: 6,352
2. Sunday, June 23, 2013 - 10:44 PM
Wasn't he predicting $2000 gold 2-3 years ago? 
1
AllyAlly786 posts since
Jan 16, 2010
Rep Points: 2,283
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