Monday, October 11, 2010

Feds Admitting They are Buying the Debt (they are calling it assets) of the U.S. - PRINT PRINT PRINT! I wonder how many MORE Dollars will be on the market at the end of November? Got Gold and Silver?

This is Huge, IMO - the Fed is Admitting it will be buying DEBT (though they are politely calling it "Assets") come Next Month.


Following Friday’s disappointing jobs report, market participants are now virtually certain that the Federal Reserve will announce that it will resume buying assets at the conclusion of its November meeting and do so in a sizeable way, according to an exclusive CNBC Fed Survey.


Market participants forecast that the Fed will announce plans to purchase $500 billion in assets at the conclusion of the upcoming meeting, the first time the question has been asked. 

Despite the $500 billion average, expectations for the November announcement span a range from $100 billion to as high as $1.5 trillion. 

Does everyone understand the consequences of this Statement?  We are Talking Zimbabwe - We are Talking about INFLATION As Never Seen before here in the U.S.!  We are talking "TOO THE MOON, ALICE" WITH METALS!
They are outright saying they are going to be the Main Purchasers of our own Debt - NO one else wants our debt anymore - they know default and inflation out of it, will be coming - THEY WILL PRINT THE MONEY TO BUY IT!


No comments:

Post a Comment