Federal Reserve cannot Taper and will print to Infinity

The Fed can’t taper, why you ask, well no one else wants to buy their worthless paper bonds and treasuries, that’s why. The fiat (‘let it be so’ in Latin) experiment is coming to an end and they have no other option but to print. The meeting highlights from the FOMC:

*FED REFRAINS FROM QE TAPER AND KEEPS MONTHLY BUYING AT $85 BLN

*RISE IN MORTGAGE RATES AND FISCAL POLICY RESTRAIN GROWTH

*’TIGHTENING OF FINANCIAL CONDITIONS’ COULD SLOW GROWTH

*MOST FED OFFICIALS SEE FIRST INTEREST-RATE RISE IN 2015 while quaffing champers and having a laugh following the 10 year Treasury yield up 80+% in 6 months

image

It’s a positive move for gold until its smacked down tomorrow in the morning London Fix, bring on the revolution and for market manipulation to be removed, as well as the manipulators from the system and let’s reset it to benefit all instead of the few. Debt moratorium for all of the public, mass incarceration for the bankers, politicians who allowed this to happen and the elites who are pulling the strings.

image

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s