Copper bubble to inflate and then burst with catastrophic results

11 December 2010 | 03:04 Code : 20307 Geoscience events
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Whatever was the real reason for the Fed to initiate another round of quantitative easing....

Whatever was the real reason for the Fed to initiate another round of quantitative easing, the end result is fairly clear: the Fed is wittingly or unwittingly in the process of creating new bubbles - in equity and commodity markets.What we had feared would transpire from spring 2011 until around mid-2012 may now be starting to play out. One of our friends eloquently described QE as nothing more than another great government Ponzi scheme with a fancy name that would make the Advertising Industry proud.


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