Monday, June 24, 2013

Marc Faber : we are going to go with the Fed to QE99

On whether yields will be higher if Bernanke meant what he said on starting to taper sooner rather than later:
Marc Faber : "If you say that if he means what he says, then you believe in Father Christmas. He said if the economy does not meet the expectations of the fed in one years' time, they will consider additional measures. In other words, if the economy has not fully recovered by mid-2014, more QE will be forthcoming. As I said already three years ago, we are going to go with the Fed to QE99."- in Bloomberg : Click Here to watch The Full Interview >>>>>>


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