Continued FedRes Interference As We Edge Closer To Disaster!

• Continued Fed Interference As We Edge Closer To Disaster! 
  by www.kingworldnews.com
  On the heels of continued volatility in gold and silver, today 40-year veteran, Robert Fitzwilson, wrote the following piece exclusively for King World News.  Fitzwilson, who is founder of The Portola Group, discusses the Fed’s continued interference in key markets around the world, gold, silver and what investors should expect going forward in this turbulent environment.
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  There have been clues in the past few weeks that something monumental is afoot with regard to Federal Reserve policy.  Chairman Bernanke announced that he could not attend the Jackson Hole gathering of global bankers, a highly unusual act.  We had the traditional trashing of the oil, gold and silver markets.  Currency war is escalating and long-held assumptions about appropriate relative levels have been broken.  The Fed itself announced that it could increase the $85 billion per month of quantitative easing or decrease it, too.  Treasury rates have been rising.  Intriguing.
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  As we watch this historic experiment with unlimited fiat, we cannot know what comes next.  It could be the shock and awe version of Stonehenge that Spinal Tap’s manager envisioned, or it might be the drastically smaller version given the constraints of the global financial situation.  We should know within the next few weeks.  If there is something spectacular afoot, it is not likely to be simply cutting back on QE.
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