Video: The Fed's Exit Plan is QE Infinity

Location: New Orleans Investment Conference

After a decade of promises about how QE (quantitative easing) and zero interest rates would solve the subprime housing debacle, now as the Federal Reserve is lowering interest rates again it's become clear that there is no exit plan. Or if there is, the plan is QE to infinity. 

Topics:

• Monetary Policy, QE
• Gold and Silver markets are positioned for the rally of our lifetimes

Update: Recession Warning, Bitcoin & Smaller Government

Recession Early Warning? 

Well, it looks like the rich are tightening their belts. According to a report at Yahoo Finance, spending by the rich has slowed over the last year. This could be an early warning of a recession. Spending by the top 10% of households by income makes up nearly half of overall consumption in the US. 

I Want Less Government 

A lot of people want the rich to pay more taxes so that government can be bigger. I want the rich and everyone else to pay less taxes so that the government can be smaller. Less taxes means more freedom and prosperity. Let's make government smaller so the economy can be bigger! 

Early Bitcoin Buyers 

Not everyone who got into #Bitcoin early is ahead. Many took flyers on Bitcoin with small amounts of money early on. After the huge rise, thinking they were smart instead of lucky, they added much larger sums at much higher prices. So now they are down overall or soon will be.

This Rally Is Fueled By A Weak Economy

This stock market rally is being driven by a weak economy. It's a weak economy that's more instrumental in driving the market higher because the weak economy keeps the Fed in play. It keeps quantitative easing in play. It keeps interest rates going down.

U.S. - China Trade Deal

When Trump first announced Phase One he said it was already a done deal. Now it's delayed until sometime next year, if it ever happens at all. Trump should just see if he can get a Phase 1A deal done, or at least pretend that he can. That should be good for 500 more Dow points!

QE4, Pot Stocks, IPOs

Even as QE4 has pushed stock indexes to new highs, despite a weakening economy and the absence of a trade deal, not all stocks have gone along for the ride. Pot stocks have been smoked, falling 70% -90%. Bubbles are popping, and it will not be contained to pot stocks and IPOs!