Marc Faber expects a return to massive quantitative easing by October - Business Intelligence Middle East - bi-me.com - News, analysis, reports
Marc Faber is expecting the Federal Reserve Bank and the US Treasury Dept to put the printing presses in high gear sometime early in the Fall. The US is awash in debt and the economy is stagnant. The only way for that debt to be paid down, certainly never paid off, is to flood the market with crisp new Federal Reserve Notes.
Get ready for hyperinflation and gold at $5,000.