Posted by mamaduck on 14th of Aug 2011 at 02:42 pm
According to Jim Puplava of Financial Sense, Ben has many more
bullets left. He is now just fired bullet 4 of 7. He is working on
the long end of the yield curve to generate inflation. If this does
not work, the next stage would be massive dollar devaluation FDR
style.
IMO, if Jim is correct, we probably have about 3-6 months to buy
all the gold and real estate we want before they take off. Yes,
real estate, especially if it is mortgaged with long term fixed
rates.
Bernanke playing by his book
Posted by mamaduck on 14th of Aug 2011 at 02:42 pm
According to Jim Puplava of Financial Sense, Ben has many more bullets left. He is now just fired bullet 4 of 7. He is working on the long end of the yield curve to generate inflation. If this does not work, the next stage would be massive dollar devaluation FDR style.
Listen to minute 3 to 14 of this podcast
IMO, if Jim is correct, we probably have about 3-6 months to buy all the gold and real estate we want before they take off. Yes, real estate, especially if it is mortgaged with long term fixed rates.
very interesting . . .
Posted by jaycrockett on 14th of Aug 2011 at 05:39 pm
very interesting . . . thanks for the post.