Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Stock Review : Markets : News Wire : Quotes : Radio : Silver : Stocks - Main 
  
 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek.com Radio Gold Nugget: Gerald Celente & Chris Waltzek
By: radio.GoldSeek.com

Useful Idiots and the Something For Nothing Society - Part 4 of 5
By: Theodore (Ty) Andros

Big Picture: Most Important
By: Mary Anne & Pamela Aden

Ira Epstein's Gold Report
By: Ira Epstein, The Linn Group

US STOCK INDICES 10 YEAR CONSOLIDATION PATTERNS ..UPSIDE BREAKOUTS?
By: Rambus

Deflationís final curtain call (part 2)
By: Clif Droke

SCO and Mackinderís prophecy
By: Alasdair Macleod

More Slippage in Gold Looks Unavoidable
By: Rick Ackerman, Rick's Picks

Jackson Hole: Myth of the All Powerful Central Banker Continues
By: GoldCore

Asian Metals Market Update
By: Chintan Karnani, Insignia Consultants

 
Search

GoldSeek Web

 
Quaintance and Brodsky: Fed's exit can be only debt and currency devaluation via gold

By: Chris Powell, Secretary/Treasurer, GATA


-- Posted Tuesday, 12 March 2013 | | Disqus

Dear Friend of GATA and Gold:

In their new commentary, Lee Quaintance and Paul Brodsky of QB Asset Management in New York argue that the Federal Reserve's only plausible exit from "quantitative easing" is not selling bonds and junky assets but currency and debt devaluation based on a great upward repricing of gold and a general tendering for gold by the central bank at that new price, even if this would only start a new era of debt creation in advance of still another currency and debt devaluation in a few decades. Oh, well, as Quaintance and Brodsky note, this would be only what has been done before. With their kind permission their commentary, "The Fed's Exit," has been posted in PDF format at GATA's Internet site here:

http://www.gata.org/files/QBAMCOTheFedsExit-03-13-2013.pdf

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16


-- Posted Tuesday, 12 March 2013 | Digg This Article | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2014


© GoldSeek.com, Gold Seek LLC


GoldSeek.com Supports Kiva.org

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.
OilSeek.com