GOLD 0.51% $1,391.7 gold futures

gold backwardation (gofo) goes mainstream, page-13

  1. 12,639 Posts.
    >QE can't be infinite as eventually the interest charges won't be able to be repaid.


    Plainsailing,

    QE has to continue indefinitely because they are already at that point whereby the US cannot afford to service the high amount of debt that they owe.

    Interest rates can never rise.

    If they do then the US is in a much larger financial crisis than that of 2008 which would make the GFC look like a walk in the park compared to at the present, falling off a cliff.
 
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