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<p>[QUOTE=&quot;InfleXion, post: 1405171, member: 29012&quot;]Monetary policy is not likely to change soon, but it could. The Fed has pledged zero % interest rates through most of 2014. Operation Twist completes this June so they will probably need some sort of new money printing operation at that point to keep equity markets afloat. I cannot answer your question without some politics unfortunately, but I will try to keep it neutral. </p><p><br /></p><p>One big reason for money printing being needed is to support the military industrial complex, which is necessary to enforce the petro-dollar and thus global reserve currency status for the USD, which is then used to prop up the currency that is being debased in order to support this paradigm. This scenario is a vicious circle in my opinion. I used to not see a way out of it other than either hyperinflation (current path) or deflation leading to default on the debt (abandoning ship), however recently Obama flip flopped on his stance regarding the Keystone Pipeline which rumor has it be able to provide decades if not over a century&#039;s worth of oil supply from untapped reserves in Prudhoe Bay. I am deferring to Lindsey Williams at this point as this was where and how he got his start with the elite providing him with inside information, and has since been correct in calling first for $150 oil, and then $50 oil in recent years due to his elitist friends&#039; information he decided to share. The Keystone Pipeline could be important for distancing the US from foriegn oil dependency in which case the petro dollar may no longer be dependent upon the military industrial complex, and it may be possible that inflation would no longer be necessary for that end. However, if other nations still choose to bypass using the USD that may be moot and would only serve to keep oil prices subdued and prolong the inflationary scenario. </p><p><br /></p><p>I am of the mindset that money printing will still be necessary in order to sustain the exponentially growing debt bubble regardless of the oil situation. Williams has also stated that the US will default at some point as well which, if true, means that inflation is not going to happen indefinitely, which of course it is impossible for that to be the case since GDP cannot match the speed of increase of the debt. The double edged sword with gold and silver is that they win in an inflation due to monetary expansion when valued in dollars, and they also win in a default due to the inability for a haircut to be applied to something you physically own unlike paper assets. The only way they lose is if we have deflation without default. </p><p><br /></p><p>Another thing Williams indicated is that the dollar will be essentially worthless by the end of 2012, and a lot of people will end up renting their own houses after they cannot afford to pay their mortgage due to increasing cost of living in other areas. According to him, gold and silver are the elite&#039;s money, and that is the only way to protect yourself from the coming new world order. My suggestion is silver due to the gold/silver ratio being overweighted for gold as compared to historical norms, and even during those historical norms there was substantially more silver available than there is today.[/QUOTE]</p><p><br /></p>

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