The Gold & Silver Takedown…9 Years After QE1
kingworldnews.com / September 18, 2017
As the bullion banks continue to shake out the weak paper gold and silver longs on the Comex casino, here is a look at where things stand 9 years after QE1 as well as a look at the gold and silver takedown.
9 Years After QE1
August 18 (King World News) – Here is what Peter Boockvar wrote today as the world awaits the next round of monetary madness: We’re finally here. About 9 years after QE1 began, QT is about to start. If one believes that the stock market still is a discounting mechanism, then have nothing to fear with QT and that maybe it will actually be like “watching paint dry” as Fed members so desperately want it to be. After all, the S&P 500 is at an all time high. If you think, like me, that the stock market is not the same discounting tool as it once was because of the major distortion and manipulation of markets via central market involvement and the dominance of machines that are reactive instead of proactive in response to news, then we must review again the previous experiences when major Fed changes took place. After all, they were all well telegraphed as this week’s likely news has been…
The post The Gold & Silver Takedown…9 Years After QE1 appeared first on Silver For The People.
Source: http://silveristhenew.com/2017/09/18/the-gold-silver-takedown9-years-after-qe1/
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