from King World News
Today one of the top economists in the world warned King World News that the Fed is going to shock the world by increasing QE to $85 to $100 billion each month by mid-2014. He also predicted that this is going to hasten the collapse of the global fiat currency based financial system. This is an incredibly powerful interview where Michael Pento, founder of Pento Portfolio Strategies, also forecasts this will set off a major bull market in gold, and also discussed what this historic move by the Fed will mean for investors and major markets around the world.
Pento: “The overwhelming consensus is that the Federal Reserve is going to be able to stop QE by the end of this year — sometime around early fall. And that it will have an inconsequential affect on interest rates….
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