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IPFS News Link • Gold and Silver

Why Gold And Silver?

• By David I. Kranzler

The question you'll need to answer for yourself is "what alternatives are there for big investments right now?" The stock market, residential real estate market and bond markets have been inflated into bubbles of historic proportions. The Fed has created a financial market Frankenstein of Biblical proportions.

Commodity inflation is raging now, and eventually this will transmit into soaring food, energy and capital/consumer goods price inflation. This dynamic is just getting started. It will soon get worse, as the Treasury earlier this month released its plan to flood the financial system with cash by reducing its balance on its general account at the Fed by $1.229 trillion. This was money printed by the Fed and transferred to the Treasury via "QE." Fed Chairman Powell reiterated the Fed's commitment to continue printing money for the foreseeable future.

The Fed is preparing the public for another big round of money printing after the Treasury cash is absorbed into the banking system, where it will be used to service delinquent/defaulted commercial, residential and corporate debt in an effort to prevent a banking system collapse similar to 2008.