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Jim’s Mailbox
Posted by Jim Sinclair on October 13, 2011 @ 8:48 am in Jim's Mailbox
Gentlemen,
Inflation, inflation, inflation.
Regards,
CIGA Las
Jim Rogers: Bernanke Is Lying to Us
Tuesday, October 11, 2011
Jim Rogers tells it like it is.
In the EPJ Daily Alert, I have been pounding away at the fact that no new QE is required, that the money supply (M2) is exploding. Rogers correctly points to this money growth in the clip below.
Also, Larry Kudlow is correct in his view that the European Central Bank is likely to join the Fed in the money printing. If they do, it will be the first time ever that the world could face a massive global inflation.
Kudlow is correct that the stock market will skyrocket under these conditions and Rogers is correct that commodities will soar.
Prepare yourself for climbing prices like you have never seen before, to differing degrees both Rogers and Kudlow know what is coming.
More… [1]
Fed leaves door open on QE3
CIGA Eric
The door that controls access to QE(n) fell off its hinges long ago. Any comment that implies monetary restraint is nothing more expectations management.
Headline: Fed leaves door open on QE3
NEW YORK (CNNMoney) — Federal Reserve policymakers left the door open to another round of asset purchases in the near future, according to minutes of their most recent meeting.
At the two-day meeting that concluded Sept. 21, the Fed unveiled plans to sell short-term Treasuries and buy longer-term debt, a move popularly known as “Operation Twist,” in an effort to drive down interest rates without pumping additional money into the economy.
Source: money.cnn.com [2]
More… [3]
URL to article: http://www.jsmineset.com/2011/10/13/jims-mailbox-795/
URLs in this post:
[1] More…: http://www.economicpolicyjournal.com/2011/10/jim-rogers-bernanke-is-lying-to-us.html
[2] money.cnn.com: http://money.cnn.com/2011/10/12/news/economy/federal_reserve_minutes/index.htm?iid=HP_LN
[3] More…: http://edegrootinsights.blogspot.com/2011/10/fed-leaves-door-open-on-qe3.html
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