Fed Moves To Create Frightening Hyperinflation In The U.S.
July 31, 2013
On the heels of news coming out of the Fed, today a legend in the business warned King World News that the Fed is actually going to dramatically increase the monthly stimulus figure from the current level of $85 billion per month, and that this will lead to an eventual collapse of the currency. Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, also spoke about what all of this means for the gold market. Below is what Barrron said in this powerful interview.
Barron: “We have seen gold rally off the lows after the Fed news. With the current reckless policies in place we should be seeing the largest boom in recorded history going on right now in America. It just shows how dire the situation is that even with throwing all of this gasoline on the fire, all they can manage is a stagnant economy.
But aside from the meaningless Fed comments, demand for physical gold is still very strong, especially from Asia. In fact, the sovereign buyers are shoveling up all of the available physical gold as fast they can….