- Source, Sprott Money:
TRACKING THE AUTHOR OF THE GLOOM BOOM DOOM REPORT AND GOLD VIGILANTE, MARC FABER AN UNOFFICIAL TRACKING OF HIS INVESTMENT COMMENTARY
Friday, August 23, 2013
The FED Will Print More Money
I don’t think they will end QE. I rather think they will have to increase it because as you print money or as you purchase assets, from a central banking point of view, it loses its impact over time. In order to keep the impact going, you have to essentially increase it. I believe that the Doveish members of the Fed will print more money. Especially after the resignation of Mr. Bernanke early next year, when he will be replaced, there will be even more Doveish members.