On the heels of stocks pulling back and bonds and gold rallying, it appears QE is permanent, what just hit the highest in 15 years, plus a look at gold.
QE Is Permanent
September 20 (King World News) – Peter Schiff: “As I forecast from the beginning, QE is permanent. Today Fed Vice Chair Richard Clarida admitted that monetizing government debt is no longer a policy reserved for emergencies, but standard operating procedure. He called QE Central Banking 101, earning himself an F in Econ 101!”…
Listen to the greatest Egon von Greyerz audio interview ever
by CLICKING HERE OR ON THE IMAGE BELOW.
Inventory Levels Skyrocketing
Teddy Vallee: “Inventory builds (see below).
Inventory Levels Skyrocketing – Highest In 15 Years!
Gold
Ole Hansen, Head of Commodity Strategy at SaxoBank: “Gold exhibiting the tightest weekly trading range in 8 weeks despite Aramco Attack, FOMC, low level Trade Talks, OECD’s global growth downgrade and a weaker US Dollar. Firm support just below $1485/oz with minor resistance at $1511/oz followed by $1520. (See below).
Firm Support For The Gold Market Near $1,485, Resistance $1,511 & $1,520
Don’t Miss This!
KWN has now released an extremely powerful audio interview with Alasdair Macleod where he discusses how the global chaos will accelerate and why a worldwide depression may loom as well as what people need to do in order to protect themselves from the coming turmoil, which he believes will devastate most investors. You can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
Banking System Seizing Up Like It Did In 2008
READ THIS NEXT! Macleod – Global Depression May Loom As The World’s Banking System Is Seizing Up Like It Did In 2008 CLICK HERE TO READ
More articles to follow…
In the meantime, other important releases…
“No Matter What They Call It, QE Is Back,” Plus A Look At Gold & Oil CLICK HERE TO READ
Lowest Level In 8 Years, What’s Wrong With This Picture? Keeping The Bubbles Alive, The FedEx Signal, Plus A Look At Gold CLICK HERE TO READ
Fed Prepared To Go Medieval With Rate Cuts And QE, Plus Here Is When It’s Ok For Bears To Fight The Fed CLICK HERE TO READ
Fed Cuts Interest Rates, But Here Is The Bottom Line CLICK HERE TO READ
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