{"id":6202,"date":"2012-09-18T09:51:41","date_gmt":"2012-09-18T13:51:41","guid":{"rendered":"http:\/\/www.pgm-blog.com\/?p=6202"},"modified":"2012-09-18T09:51:41","modified_gmt":"2012-09-18T13:51:41","slug":"unlimited-qe-announced-by-the-fed-ecb-whats-next","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/unlimited-qe-announced-by-the-fed-ecb-whats-next\/","title":{"rendered":"Unlimited QE Announced by the FED &#038; ECB! What&#8217;s next?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6218\" title=\"Helicopter Ben\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/09\/Helicopter-Ben.jpeg\" alt=\"\" width=\"224\" height=\"224\" \/><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-6210 alignright\" title=\"Super Mario\" src=\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/09\/Mario-Super-Draghi.jpeg\" alt=\"\" width=\"204\" height=\"226\" \/><\/p>\n<p>Dear <strong>PGM-Capital<\/strong> Blog readers,<br \/>\nECB and FED Chairmen have spoken and they both declared to do\u00a0whatever\u00a0it takes (read to buy an unlimited amount\u00a0of<strong>\u00a0<\/strong>bonds) to respectively\u00a0save\u00a0the Euro and to safeguard the USA\u00a0from\u00a0going\u00a0into\u00a0Recession\/Depression.<\/p>\n<p>Ladies &amp; Gentlemen,<br \/>\nLook how\u00a0far\u00a0our moral and values have\u00a0fallen!\u00a0The\u00a0Economy of the\u00a0West is in such an alarming stage that it can only survive and not go into a deep Recession, by being kept artificially alive by Quantitative Easing by the\u00a0respective\u00a0Central Banks.<\/p>\n<p>The word <a title=\"Quantitative Easing\" href=\"http:\/\/en.wikipedia.org\/wiki\/Quantitative_easing\" target=\"_blank\"><strong>Quantitative Easing<\/strong><\/a> sounds so nice, so elegant, that most people don\u2019t realize that it&#8217;s\u00a0just Money Printing. So,\u00a0in fact we have fallen so deep in the abyss that the only lifeline to the Economy is an\u00a0ever-continuing\u00a0flow of worthless printed money.<\/p>\n<p style=\"text-align: center;\"><span style=\"color: #0000ff;\"><strong>Below video explains Quatitive Easing and shows the M0, M1, M2, &amp; M3 Money supply from January 1971 until December 2010.<\/strong><\/span><\/p>\n<p><iframe loading=\"lazy\" src=\"http:\/\/www.youtube.com\/embed\/Iq8o1kALaXc\" frameborder=\"0\" width=\"480\" height=\"360\"><\/iframe><\/p>\n<p>This newly created money out of thin-air will steal value of existing money, and subsequently\u00a0will destroy savings and pensions.<\/p>\n<p>History has proven that when an increased amount of money is chasing the same amount of goods, the prices of these goods that cannot be created out of thin air will go up, this is also called <a title=\"Inflation\" href=\"http:\/\/en.wikipedia.org\/wiki\/Inflation\" target=\"_blank\"><strong>inflation<\/strong><\/a>.<\/p>\n<p>This inflation will mainly affect\u00a0food, energy and raw materials, which are out of the <a title=\"Core Inflation\" href=\"http:\/\/en.wikipedia.org\/wiki\/Core_inflation\" target=\"_blank\"><strong>Core-CPI<\/strong><\/a>, workers\u00a0will not be compensated for these price increases and will have to find additional jobs to<strong>\u00a0<\/strong>make both\u00a0ends meet.<\/p>\n<p>When more and more laborers are fighting for scarcer and scarcer jobs, wages will go down. So we\u2019ll see the most lethal combination for the middle class<strong>:<\/strong>\u00a0namely, <a title=\"Inflation\" href=\"http:\/\/en.wikipedia.org\/wiki\/Inflation\" target=\"_blank\"><strong>inflation<\/strong><\/a> of Food, Energy and raw materials and <a title=\"Deflation\" href=\"http:\/\/en.wikipedia.org\/wiki\/Deflation\" target=\"_blank\"><strong>deflation<\/strong><\/a> of wages and home prices.<\/p>\n<p>The West will experience a reverse of civilization, degreasing middle-class and increasing poverty.<\/p>\n<p>On the other hand, inflation of food, energy\u00a0and\u00a0raw materials,\u00a0in<strong> <\/strong>combination with\u00a0deflation of wages and housing prices, will be good for the stock markets and the price of Gold &amp; Silver.<\/p>\n<p>These events will make the poor and the middleclass poorer and the rich richer.<\/p>\n<p>With the rich and the new Rich Countries of the East, to double their gold holdings during the first 6 months of 2012, time is running out for the middle-class and the West.<\/p>\n<p>If you\u00a0agree\u00a0with the above,\u00a0we\u00a0strongly advise you to get rid of your cash, and put your savings\u00a0in\u00a0Gold &amp; Silver as a safe haven for the current perfect storm.<\/p>\n<p>Last but not least, before following any investing advice, always take your investment horizon and risk tolerance into consideration and keep in mind that the price of Commodities, Precious metals as well as the stocks of their producers can be very\u00a0volatile and that sharp corrections may happen in the short term.<\/p>\n<p>Yours Sincerely,<\/p>\n<p>Eric Panneflek<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear PGM-Capital Blog readers, ECB and FED Chairmen have spoken and they both declared to do\u00a0whatever\u00a0it takes (read to buy an unlimited amount\u00a0of\u00a0bonds) to respectively\u00a0save\u00a0the Euro and to safeguard the USA\u00a0from\u00a0going\u00a0into\u00a0Recession\/Depression. Ladies &amp; Gentlemen, Look how\u00a0far\u00a0our moral and values have\u00a0fallen!\u00a0The\u00a0Economy of the\u00a0West is in such an alarming stage that it can only survive and not<a href=\"https:\/\/www.pgmcapital.com\/nl\/unlimited-qe-announced-by-the-fed-ecb-whats-next\/\">[&#8230;]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,8,9,24,10,11,19,12,14,15,16,1,17,18],"tags":[],"class_list":["post-6202","post","type-post","status-publish","format-standard","hentry","category-commodities","category-debt-crisis","category-emerging-markets","category-energy","category-eric-panneflek","category-euro","category-financial-news","category-inflation","category-pension-crisis","category-pgm-capital","category-precious-metal","category-uncategorized","category-us-dollar","category-world-economic-outlook"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/6202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=6202"}],"version-history":[{"count":0,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/6202\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=6202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=6202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=6202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}