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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: 30 Years Plus who wrote (194604)	1/20/2016 11:50:33 PM
From: Elroy Jetson	4 Recommendations Recommended By dvdw© JimisJim research1234 roguedolphin Respond to of 206181

Yes, The major effect of QE is preventing a plunge in asset prices. A plunge in asset prices would cause fear with would greatly contracting economic demand. It's an elaborate experiment without alternative. As Josef Schumpeter said, if you don't want the economic depression you needed to have prevented the credit bubble which preceded it. But as that bubble already occurred in the rear-view mirror, we're strapped in for the ride with many hoping beyond hope that deflation doesn't decimate the value of their stockpiles of commodities like copper, gold and iron. If the central banks make a mistake, these commodities will plunge in value.