gold breaks out, page-127

You guys need to view what Peter Schiff says about QE.

He says that QE is the inflation.

This is a man that is rarely wrong.

................................................

February 17, 2012




It's Not That Quantitative Easing Will Lead To Inflation, QE is inflation!



As far as inflation is concerned, a vindication of Federal Reserve Chairman Ben Bernanke is equally premature. First of all, it's not that Quantitative Easing will lead to inflation; it's that QE is inflation. Secondly, there is a lag between QE and rising consumer prices, so the jury is still out as to how high consumer prices will ultimately rise as a result of current and past Fed policy mistakes. - in Europac