In the EPJ
Daily Alert, I have been pounding away at the fact that no new QE
is required, that the money supply (M2) is exploding. Rogers correctly
points to this money growth in the clip below.
Also, Larry
Kudlow is correct in his view that the European Central Bank is
likely to join the Fed in the money printing. If they do, it will
be the first time ever that the world could face a massive global
inflation.
Kudlow is correct
that the stock market will skyrocket under these conditions and
Rogers is correct that commodities will soar.
Prepare yourself
for climbing prices like you have never seen before, to differing
degrees both Rogers and Kudlow know what is coming.