Showing posts with label taper. Show all posts
Showing posts with label taper. Show all posts
Sunday, December 22, 2013
Sunday, November 24, 2013
Wednesday, September 25, 2013
Peter Schiff Was Right - 'Taper' Edition
Peter Schiff and I were right all along. The Fed is trapped so
they cannot taper QE. And if they had tapered, markets would
crash, and they would have to reverse course and gin up QE even more. Which means they lose whatever little credibility they have left.
But the Fed and all the experts have to jawbone tapering/ending QE. Hell, they've been cheerleading economic "green shoots" since the recession "ended" in 2009.
Janet Yellen will regret winning the appointment as Fed Chairperson because the USS Titanic will sink on her watch.
http://youtu.be/Tak9ODlBJgM
But the Fed and all the experts have to jawbone tapering/ending QE. Hell, they've been cheerleading economic "green shoots" since the recession "ended" in 2009.
I like how the consensus mocked Schiff, as they did in
2006 when he rang the alarm bells. And then the clowns, er...the
"pundits" on CNBC have the gall to say "nobody saw it coming." What a bunch of shills...
http://youtu.be/Tak9ODlBJgM
Saturday, September 21, 2013
Wednesday, September 18, 2013
Fed Doesn't Taper: Gold Surges
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Even whispers of a taper produced a plunging equities market earlier this summer. An actual unwinding of Treasury bond and mortgage-backed securities purchases would spike 10-year yields, which nobody wants, especially the housing industry. Hence, a taper today would require additional debt monetization down the road, which would destroy whatever little credibility the Fed has left within capital markets. QE to infinity, bitchez!
Meanwhile, gold surged.
Labels:
Fed,
gold surges,
taper
Thursday, June 20, 2013
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