TSX:SGR.UN - Post by User
Post by
chartist777on Dec 23, 2013 4:41pm
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Post# 22034575
why r people so stupid enough to believe fed can tighten
why r people so stupid enough to believe fed can tightentightening -> high interest on debt -> default on bonds -> us gov. bankrupt -> us dollar collapse
fed has to do more QE to support bond market and keep bond yield low so that us gov can afford to pay the debt interest.
it is a dead loop: more debt -> more interest -> more QE until it is imploded -> us dollar collapse
us desperatly needs a war in syria, iran and the war between china and japan to get out of this dead loop.
one way another: bullish for gold