Friday, 15 November 2013

QE5 is Coming and Precious Metals to Go Much Higher

As the Banks & Brokerage Houses continue to forecast the tapering of the QE by the end of 2013 or beginning of 2014, the only choice the Fed will have will be to increase not decrease monetary stimulation. QE 5 is coming because U.S. economic indicators continue to disintegrate.

The Fed can’t stop its QE purchases or the whole house of cards comes crashing down. Marc Faber stated that the Fed purchases could rise to a $trillion a month. Who knows if we ever get to that amount, but before we do…. QE 5 is on its way.

There is only a fraction of physical gold and silver to back up the massive amount of paper claims. As QE heads to infinity, it will most certainly push the precious metals up to new highs never seen before.

- SRSS Rocco via The Silver Doctors: