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do you think the FED will do QE3 sometime this year?
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<p>[QUOTE="medoraman, post: 1409794, member: 26302"]I agree this is a huge concern. Basically the politicians are mortgaging the Fed. </p><p><br /></p><p>About the only thing we can hope for is economic growth worldwide for any other scenario but bad ones. However, I just don't know if we have a bad outcome how much PM can help. Remember 1933, if the Federal government wishes to simply tax and confiscate wealth to get out of this hole, they could pass a similar law tomorrow saying all PM has to be sold to the US at a cheap, (official), rate. People say they would just not sell at the official rate, but then what good would the PM be? If ownership was illegal, and anyone you are thinking of selling to could be an agent waiting to arrest you, how much security do you really have in PM?</p><p><br /></p><p>Just a thought. I still am a believer in PM for asset diversification and inflation insurance.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1409794, member: 26302"]I agree this is a huge concern. Basically the politicians are mortgaging the Fed. About the only thing we can hope for is economic growth worldwide for any other scenario but bad ones. However, I just don't know if we have a bad outcome how much PM can help. Remember 1933, if the Federal government wishes to simply tax and confiscate wealth to get out of this hole, they could pass a similar law tomorrow saying all PM has to be sold to the US at a cheap, (official), rate. People say they would just not sell at the official rate, but then what good would the PM be? If ownership was illegal, and anyone you are thinking of selling to could be an agent waiting to arrest you, how much security do you really have in PM? Just a thought. I still am a believer in PM for asset diversification and inflation insurance.[/QUOTE]
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do you think the FED will do QE3 sometime this year?
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