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Brass Tacks

Tuesday, September 18, 2012 9:41
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(Before It's News)

Be prepared for the next great transfer of wealth. Buy physical silver and storable food.

tfmetalsreport.com / by Turd Ferguson / Tuesday, September 18, 2012 at 10:13 am

OK, so it has been a few days since QE to infinity became official Fed policy. There is certainly an abundance of swirling news and discussion out there that dances around the real significance. Today, we cut to the chase.

Let’s go back and hit on the main FED points:

  • The Fed will keep rates “extraordinarily low” through 2015
  • The Fed will continue $45B/month in Operation Twist through year end
  • The Fed will begin buying $40B/month in mortgage-backed securities (MBS) with no end date or target purchase amount given

So many of us have been seemingly immunized against the jolting effect of these headlines. Not just here at TFMR but nearly everywhere that “awakened” citizens congregate on the internet. We take the headlines at face-value but rarely stop to consider things on the next level. But we need to go there today because without a full understanding of what the true meaning and implications are, you’re likely to delay actions that you should be immediately taking.

So, let’s go back to the three bullet points above and take them, one-by-one.

READ MORE

Thanks to BrotherJohnF



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