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Wednesday, October 3, 2012

Faber: ''Romney's Fed Chairmen Will Likely Print Trillions''

From Seeking Alpha
By Jared Cummans

''Marc Faber, also known as “Dr. Doom”, feels that the next Fed Chairman will be no different than Mr. Bernanke.

“Bernanke is a money printer and, believe me, if Romney wins the election the next Fed Chairman will also be a money printer” he told Bloomberg TV. If the next Chairman is anything like Bernanke, then we can expect trillions in printing and probably a few more QE programs to go along with that, though it may not reach the QE18 that Faber once predicted. But this statement also helps justify his investment in everyone’s favorite commodity: gold.''

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