| The Fed’s Fast-Approaching Dilemma and Yours |
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Alasdair Macleod, Quinton Hennigh and Michael Oliver return as guests on this week’s program.
On July 22, Alasdair wrote: “The problem fast approaching all major central banks is that a rise in interest rates will be brought forward by their misjudgment on price inflation, a development which will directly challenge the policy of deploying QE to support financial markets and sustain confidence in the economy. And with the end of zero official interest rates, to continue support for financial assets requires an increase in quantitative easing to compensate. In other words, the money being fed to investing institutions will have to be supplemented to prevent risk assets falling in value.” Alasdair believes we are on the eve of a massive currency destruction that mirrors that of the French Livre’s demise when the Mississippi Bubble collapsed in the early 1700s.
One investor named Cantillon who saw the destruction inevitably ahead provided clues as to how to avoid destruction from the dilemma we all face now. Alasdair explains. Quinton updates us on Lion One’s high-grade, world-class alkaline gold exploration project and Michael provides his latest momentum and structural analysis of key markets. |
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