Read This and Tell Me a Crash Isn’t Coming

By Graham Summers
GoldSeek.com
Wednesday, 29 October 2014

We’ve now seen the last day for a Fed POMO.

If you’re unfamiliar with this term, it stands for Permanent Open Market Operation. This is the mechanism through which the Fed pumps money from QE into the financial system. It’s also the single most important item as far as stock market rallies are concerned.

Indeed, the stock market has closely correlated the Fed’s balance sheet expansion since 2009. As the below chart shows, they are almost identical in growth.

The Rest…HERE

This entry was posted on Wednesday, October 29th, 2014 at 11:43 am and is filed under Conspiracy, Corruption, Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.