GOLD AND SILVER, ECONOMIC NEWS, COINS, 2018
"The Fed is tightening monetary policy not because the economy is robust but because they are desperate to normalize interest rates and their own balance sheet to prepare for the next recession. If the Fed has to stimulate the economy before rates get to 3.25%, they will run out of room to cut rates before the job is done. That will force the Fed to print money again in a new quantitative easing program, QE4.”
"That’s why the Fed needs to trim its balance sheet — so they can blow it up again. In short, the Fed is raising rates and reducing the money supply at the wrong time for the wrong reason. The Fed is preparing for the next recession but will probably cause a recession by trying."
More QE? Gold loves QE.
“We can ignore reality, but we cannot ignore the consequences of ignoring reality.” – Ayn Rand