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Wednesday 27 November 2013

Marc Faber : The Fed can Buy the whole Stock Market

Be prepared for the next great transfer of wealth and the collapse of fiat currencies around the world. Buy physical silver and storable food.

Even if the market drops by 20 percent it is not cheap. The Fed could go into the market and buy the whole S&P500. They would have to borrow money or issue money but basically they can do it. It has happened before. In Hong Kong in 1997, the government came in and bought the stock market but at that time it was cheap.

Source: http://silveristhenew.com/2013/11/26/the-fed-can-buy-the-whole-stock-market/

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