The Doc and Turd Ferguson got together for a round-table interview with AltInvestors.com Thursday and discussed the ramifications of QE∞, Bernanke’s options and game-plan going forward, the recent tungsten-filled gold reports and the implications for precious metals investors, allocated/unallocated/rehypothecated metal concerns, and finally the end game for the Western fiat monetary system- are we headed back to a gold standard whether the Fed likes it or not?

The Doc & TF tag-teamed to address the pertinent issues facing gold and silver investors today.

Full interview below:

Sprott Asset Management’s Eric Sprott was back on CNBC this morning discussing the search for returns in a ZIRP environment.

When asked by CNBC why Sprott wasn’t lightening his gold and silver positions after the big gains his fund has realized over the past decade, Sprott replied:

Gold is up 600% since I got in around 2000, and in a way, I call it the great wealth redistribution because those who have invested in gold and silver have prospered quite nicely. To your question whether or not i want to stay with the trade. the reason I would stay with the trade and you mentioned qe-3. I never would’ve imagined when I got involved in gold I would have the benefit of kind of irresponsible money printing, bank runs that are ongoing as we witnessed in the various countries in europe, and those two ingredients along with the QE3 which has been announced I think will be a huge tail wind for gold and other precious metals to go higher.

As always, Sprott is a MUST WATCH!!!

Jim Sinclair sent an email alert to subscribers this afternoon warning that contrary to the prevailing MSM opinion, QE∞ will have a major economic impact on the Western financial world.

Sinclair re-iterates that gold is going to and through $3,500 HERE AND NOW, and states that QE∞’s impact will have HISTORICAL repercussions.

QE∞ is here and ALL substantial dips in gold and silver MUST BE BOUGHT.
QE3 has not even been in effect for 2 weeks and the San Francisco Fed’s John Williams is already stating that the counterfeiting…er…quantitative easing may need to be expanded beyond mortgage backed securities.

Perhaps after purchasing every MBS on the market with newly printed money the Fed can buy up every tungsten filled fake gold bar from China Tungsten-Alloy.com and properly saturate the gold market, thus inflating gold stocks as quickly as the fiat dollar.

Greg Mannarino discusses the Federal Reserve’s goals in it’s QE3 MBS purchase program scheme in this excellent update.
Mannarino states that Bernanke is currently Public Enemy Number 1, as he is INTENTIONALLY creating bubbles and distortions in the markets by debasing the US dollar.
Mannarino states that while QE 1&2, and Operation Twist have been largely successful in re-inflating the securities bubble post the 2008 market crash, severe down-turn in the market is imminent, and even QE3 will be unable to prevent it.

Greg states that QE∞ is all about re-capitalizing the INSOLVENT TBTF banks by guaranteeing the banksters profit on any and all risky loans as they can immediately roll them over to The Fed.  This will serve to re-inflate the housing bubble (banks can once again essentially underwrite any loan at ZERO RISK) as well conduct a STEALTH BAILOUT of out the insolvent banks.

Mannarino concludes by stating the Fed’s desperate actions will not be enough to stave off the coming systemic collapse, and that investors must IMMEDIATELY PROTECT THEMSELVES FROM THE FED BY PURCHASING PHYSICAL SILVER AND BECOMING THEIR OWN CENTRAL BANK.

With gold and silver continuing their strong advances in the wake of the Fed’s QE∞ announcement last Thursday, The Doc sat down with silver expert David Morgan for an EXCLUSIVE INTERVIEW regarding gold and silver’s fundamentals and where Morgan sees the metals heading over the next 12 months.

Morgan believes the big gains seen in the metals over the past month was the market pricing in QE3, but believes particularly silver has much room to run, stating that the metal will most certainly double from here, and will most likely triple from here.  Morgan believes silver’s nominal high near $50 will be broken to the upside in 2013, with silver likely reaching $60-$75/oz over the next 12-15 months.

Morgan also discusses the current supply side for silver and the massive physical tightness in the market, potential BIG, BIG problems for Barrick if it’s Pascua Lama mine fails to reach production (anticipated to produce up to 40 million oz annually).

The market’s premier silver analyst concludes by discussing his expectations for silver to massively out-perform gold going forward, and states that he expects the silver/gold ratio to narrow to at least 10 to 1, and states that silver is moving towards par with gold!

The Doc’s EXCLUSIVE MUST LISTEN interview with silver expert David Morgan of Silver-Investor.com is below:

Jim Sinclair has sent an email alert to subscribers discussing the background of the OTC collapse in the wake of Lehman Brothers, and WHY the Fed has no other options than to continue QE to infinity.  Sinclair states that the coming end game will be the recognition of the weakness of the Fed’s balance sheet, and a resulting collapse in confidence in 2015-2017.

As QE3 to infinity moves ahead, the balance sheet of the Federal Reserve continues to acquire worthless paper in exchange for dollars. Junk moved onto the balance sheet of the US Federal Reserve as the common share of the USA, the US dollar, continues to expand exponentially.
The end game problem is an extended recessionary business conditions going into 2015 to 2017 wherein the supply of dollars continually expands, the US Federal Deficit grows, US state deficit spending continues to grow and the quality of the Federal Reserve balance sheet proceeds to deteriorate further.

Therefore the end game is the perception of the weakness of the lender of last resort, the Federal Reserve’s Balance sheet, as it impacts confidence the US dollar and US interest rates.

MUST READ!

The legendary Jim Sinclair has sent out an email alert to subscribers stating that the economic effects of QE3 will soon enter the markets in the next 90 daysSinclair states that QE1 and QE2 were NOT failures, they prevented/forestalled the largest economic collapse in world history.  Sinclair states that QE, which is now QEternity, is ‘the only tool available to central banks that would create infinite cash for the Fed and Treasury to use in a totally discretionary manner.’

Sinclair states that within 90 days the economic effects of QE3 will be entering markets for money and therefore the markets for gold, silver, and most certainly the dollar will be affected, and states that ‘gold is going to at least $3,500, the dollar will test .72, and silver will ‘certainly perform well also‘.

GOT PHYZZ??

Time to place your bets.  QE will continue to infinity, and is in progress as we type.  There are no other viable solutions as there are NO REMAINING TREASURY BUYERS OF SIZE BESIDES THE FED!!

The questions is whether the puppet Bernanke has received directions from his bankster overlords (Dimon & God’s worker to name two) to PUBLICLY announce unlimited QE tomorrow as 99% of the market expects, or whether QE∞ will be announced on an upcoming Sunday night prior to the Asian market open.

Will he, or won’t he?  The Doc would like to know what YOU think and why.

USA WatchDog’s Greg Hunter has released an excellent interview with ShadowStat’s John Williams regarding the consequences of the Federal Reserve’s latest plan of ‘unlimited QE,’ or money printing, which Fed governor’s have stated is needed to boost employment.
Williams states, That’s absolutely nonsense. The Fed is just propping up the banks’.   Williams goes on to state, ‘You’re likely going to see a dollar sell-off . . . That should evolve into hyperinflation.
The ShadowStats Economist states he, Doesn’t see the current system holding together without hyperinflation beyond 2014.‘  He argues that the real annual deficit is ‘$5 trillion per year’ and that the US annual deficit is ‘beyond containment.’
Williams believes, ‘Hyperinflation is virtually assured because the Fed doesn’t have any options left.’

Full Interview below:

Jim Willie’s latest Hat Trick Letter, ‘Firestorms & Currency Twisters‘ is a MUST READ!!
Willie states that Morgan Stanley faces IMMINENT FAILURE & RUIN, that The older employees are selling all of their stock, and that Many workers are making contingency plans for their next positions in another firm.
He states that JP Morgan will devour the carcass, and that The Morgue may be preparing to execute the 1st ever private stock account vaporization/ rehypothecation.

AN ABSOLUTE MUST READ!!! 

The legendary Jim Sinclair has just sent an alert to email subscribers advising that Romney’s statement that he is against QE3 and will fire Bernanke if elected is majorly bullish for gold, and that the statement speaks forhuge stimulus fast and an end of the standoff between the Federal Reserve and the US legislative‘.