Continued Fed Interference As We Edge Closer To Disaster
May 13, 2013
On the heels of continued volatility in gold and silver, today 40-year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News. Fitzwilson, who is founder of The Portola Group, discusses the Fed’s continued interference in key markets around the world, gold, silver and what investors should expect going forward in this turbulent environment.
Below is Fitzwilson’s exclusive piece for KWN:
Fitzwilson: “One of the most ingenious and hysterical movies ever made is “This Is Spinal Tap”. The brainchild of Rob Reiner and a truly gifted group of actors was released in 1984. The story is about an aging rock band from the U.K. returning to the United States for what was billed as their comeback tour. It was anything but a comeback tour, although the movie was one for the ages.
With each marginal to disastrous concert, the optimism for a successful tour spiraled downward. One of the musicians, David St. Hubbins, was asked by an accompanying reporter whether or not it was the end of the band. David replied:
“Well, I don’t really think that the end can be assessed as of itself as being the end because what does the end feel like? It’s like saying when you try to extrapolate the end of the Universe, you say, if the Universe is indeed infinite, then how – what does that mean? How far is all the way, and then if it stops, what’s stopping it, and what’s behind stopping it? So, what’s the end, you know is my question to you.”