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ECB To Stun The World With Surprise QE & Gold’s Next Move

Saut:  “The Fed got out both barrels with QE1, QE2, QE3, and is now buying $85 billion each month in Treasuries and mortgage-backed securities.  The Japanese, with the new administration and the new head of the Bank of Japan, got out the bazooka, and are doing the same type of QE, except they are buying $75 billion each month, yet their economy is 1/3 the size of ours (the US).

You are going to see the excess liquidity that Japan is pumping into the system come back into Europe and the US in search of higher yields.  Also, the announcement that everybody seems to have missed was Draghi saying, ‘For the Southern European countries, a euro above $1.30 would be too high for their economy.  Among major central banks, the ECB has been the only bank that is not expanding its balance sheet.’

Read the complete article at King World News here.

# Here you can see WHY it’s crucial to own physical gold & silver now, and HOW you can buy [and sell] it.

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Please Note: This article is to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

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