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Fed is trapped into endless monetizing, Pento tells KWN
5:26p ET Friday, August 16, 2013
Dear Friend of GATA and Gold:
Fund manager Michael Pento tells King World News today that the Federal Reserve soon will realize that it is trapped, that it can't stop monetizing U.S. debt and can't sell the trillions in securities it has bought without crashing the stock market and the U.S. economy. When that happens, Pento says, inflation and gold and silver will take off. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/16_Wa...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Jim Sinclair plans Westchester County seminar Sept. 4
Mining entrepreneur and gold advocate Jim Sinclair plans a gold investing seminar from 1 to 5 p.m. on Wednesday, Sept. 4, in Tarrytown in Westchester County, New York. For information on attending, please visit his Internet site, JSMineSet.com, here:
http://www.jsmineset.com/qa-session-tickets/
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