Jim Willie: Global QE is next
derryb
Posts: 36,793 ✭✭✭✭✭
Jim's latest, always a great read
"The yellow metal as usual will fight the political and banker battles and clear the path for the white horse metal to sprint. The Silver price gains in US$ terms will continue to triple the Gold price gains, but Silver must be given a little time to overcome the spiked springtime top near $50. All in time. The Commitment of Traders report on commercial positions indicates that Silver is ready to rock & roll once again. A very hot autumn is coming from precious metals, their annual strong season. Fireworks a plenty are in store. The global monetary system is crumbling, whose sovereign debt foundation is collapsing. It is that simple. Money is in ruins. Greece and Italy serve as detonation."
"The yellow metal as usual will fight the political and banker battles and clear the path for the white horse metal to sprint. The Silver price gains in US$ terms will continue to triple the Gold price gains, but Silver must be given a little time to overcome the spiked springtime top near $50. All in time. The Commitment of Traders report on commercial positions indicates that Silver is ready to rock & roll once again. A very hot autumn is coming from precious metals, their annual strong season. Fireworks a plenty are in store. The global monetary system is crumbling, whose sovereign debt foundation is collapsing. It is that simple. Money is in ruins. Greece and Italy serve as detonation."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
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