Want to get rich or simply avoid losing your shirt in 2012? Then figure out the answer to the following question:
When you combine Coordinated actions (the US Fed, the Band of England, the Bank of Japan, the European Central Bank, the Swiss National Bank, and the Bank of Canada), US Dollar Swaps (unlimited borrowing of US dollars for other central banks), Long-Term Refinancing Operations (unlimited money at 1% for 3 years for European banks), Back-Door Quantitative Easing, Zero-Percent Interest Rates (US extended it to 2014 by buying its own bonds), and Numerous Quantitative Easing from countries around the world, what comes next?
Part of the answer is the magnificent Jan/Feb 2012 US stock market performance!
Next up? Higher prices! Doubtful...
Source: http://www.sprott.com/media/108878/0212%20Unintended%20Consequences.pdf
Source: http://www.zerohedge.com/news/eric-sprott-unintended-consequences
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