The Phaserl


As The Fantasy Dies, Panic Will Ensue & Gold Will Soar

from KingWorldNews:

It’s not going to handle it. That’s why if the Fed tapers and the bonds start acting funny, they will end tapering because they will start thinking, ‘Geez, we can’t have this happen.’ Then, more people will see that the Fed is trapped.

The purest reading of the market’s response to what the Fed does would be if the Fed doesn’t taper, and then the bond market really doesn’t go very far and shortly starts to sink again. Then, what will people say?

Bill Fleckenstein continues @

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