QE Infinity Confirmed

The Federal Reserve is up to its old tricks under a new name... The Federal Reserve is up to its old tricks under a new name... This is a massive open-ended buying program by any definition you can imagine and the Fed is essentially in a PR branding campaign to hide the reality of it. You are receiving this email because you subscribed to Outsider Club. [Click here]( to manage your e-mail preferences. [Outsider Club logo] QE Infinity Confirmed [Adam English Photo] By [Adam English]( Written Oct. 15, 2019 The Federal Reserve is up to its old tricks under a new name. Any name really, just definitely not the old name. It just announced that it is reversing course and buying $60 billion a month of government-backed debt. But don’t call it quantitative easing! Don’t confuse this with stimulus! The Fed is adamant that this is completely different. It doth protest too much, methinks. [Gold Could Disappear From the Ground Forever]( New gold discoveries are hitting record lows. Just the price to mine gold has skyrocketed 412% over the last decade. With only 5% of mines actually panning out... Gold is being squeezed so much, that a price explosion is imminent. And that’s only one reason for gold to jump... I have four more catalysts to show you. [Plus, discover the #1 gold play to make right now here.]( Here’s what’s going on. The Fed is still worried about the short-term money markets and it just unveiled what it is going to do about it. It is going to be buying short-term debt and expanding the Fed’s balance sheet, thus boosting the financial system’s bank reserves. The hope is that this will be enough to stave off a repeat of what happened last month, when the repo market went bonkers and contagion pushed short-term interest rates in money markets to around 10%. Meanwhile, it’ll keep intervening directly in the market for repo agreements through at least January of next year. On paper and in a complete vacuum, divorced from the root of the problem, that seems fine. Two glaring issues are obvious though. First, the size of these purchases is a shocker to just about everyone, along with the duration. $60 billion a month of government-backed debt comes pretty close to the $85 billion per month the Fed was buying during the last “official” round of QE. This may be a softer version of QE, and the Fed may not want to call it QE, but the facts are staring us right in the face. This is a massive open-ended buying program by any definition you can imagine and the Fed is essentially in a PR branding campaign to hide the reality of it. As Paul Ashworth, chief economist at Capital Economics, put it, “When it swims like a duck and quacks like a duck, it’s hard to prove your intentions aren’t fowl.” [The Original “Goldbug” Says Gold’s Biggest Moment is... RIGHT NOW]( [goldbug_book_190x190]Stock-picking legend Mr. Dines was the original “goldbug” to make a killing on gold in the 1960s, when it was just $35 an ounce! His timing was so perfect that New York magazine went so far as to put him on the cover. But Mr. Dines wasn’t done. He made another fortune on gold in the 70s. And then again in the 80s. And yes, in the 90s. And he also made outrageous gains on gold in the 2000s... Mr. Dines believes that gold’s history isn’t finished. In fact, Mr. Dines says that NOW is going to be gold’s biggest moment ever, and that we’re on the verge of a historic gold spike. Hard to believe? Perhaps. But I wouldn’t bet against Mr. Dines... l[et me show you why a never-before-seen spike in gold is “all but certain.”]( Second, with how I see it, QE never ended and this confirms that the Fed cannot back out of its extraordinary actions most of the last decade. Take a look at this chart of total assets on the Fed’s balance sheet — from the Fed itself — and tell me that QE is over: [fed balance sheet 15oct19] The Fed had barely even begun to reduce its balance sheet before it had to expand it again. QE buying programs may end but QE as a whole will not end until the Fed balance sheet sheds several trillion dollars. Chances Are — This Video Is NOT for You… - If you’re the type of person who gets easily offended, [do not watch this video.]( - If the idea of getting rich from a controversial substance offends you, [do not watch this video.]( - If you think your money manager is your best friend, [do not watch this video.]( [Nothing I do is unethical.]( I’ll never break the law. But I’ll go right up to that line if it means keeping my [UNDEFEATED winning streak intact.]( [Don’t say I didn’t warn you.]( The outcry over ramping up the Fed’s balance sheet to nearly $5 trillion was only partly about the scale of the intervention. From my perspective, the larger issue was always how to unwind and return to some semblance of normalcy and sanity. None of the issues this addresses would have existed if the Fed wasn’t still neck-deep in one of the most dangerous monetary policies in the history of civilization. The Fed is hoping the left hand won’t figure out what the right hand is doing and it is trying as hard as it can to convince people not to pay attention to the whole picture. Don’t let it for your own sake. QE never ended, and we’re entering a new phase that confirms it won’t without a lot of pain or a full-blown correction. It has never been more important to make sure you're protected from this massive systemic risk, and [we should all know how to do it.]( Take care, [Adam English] Adam English [follow basic]( [@AdamEnglishOC on Twitter]( Adam's editorial talents and analysis drew the attention of senior editors at [Outsider Club](, which he joined in mid-2012. While he has acquired years of hands-on experience in the editorial room by working side by side with ex-brokers, options floor traders, and financial advisors, he is acutely aware of the challenges faced by retail investors after starting at the ground floor in the financial publishing field. For more on Adam, check out his editor's [page](. *Follow Outsider Club on [Facebook]( and [Twitter](. Enjoy reading this article? [Click here]( to like it and receive similar articles to read! Browse Our Archives [All Is Not Well]( [Trim the Leaves, Buy the Blood]( [Why Everyone is Panicking]( [Marijuana Is Coming to Mexico]( [Gold Knows the Truth]( --------------------------------------------------------------- This email was sent to {EMAIL}. It is not our intention to send email to anyone who doesn't want it. 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