Loading ...Schiff says:
“The Fed’s balance sheet ticked up last week to $3.85 trillion. Perhaps it has already seen its lows. When the Fed goes back to quantitative easing, the balance sheet will balloon to $10 trillion even quicker than it did to $4.5 trillion. But next time the Fed’s exit-strategy bluff won’t work. Got gold?”
Turk says
gold’s price likely will be capped next week because there is a meeting of the Federal Reserve’s Open Market Committee. But he adds, “There is a lot of money on the sidelines waiting to buy dips” and “the momentum guys are not even in there buying yet.”…