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Bon Voyage to QE 2, Hello QE 2.5! (not really, if you like your currency to be strong!)

by Eric HardingJuly 4, 2011

From CNNMoney four days ago: “

QE2 is just about done. But the Federal Reserve will still be buying massive amounts of long-term Treasuries.

In fact, the Fed's purchases over the next year will likely be at least $300 billion. That's half the size of QE2 -- even if QE3 never takes place.

Think of it as QE2.5.”

Sorry, I don’t want this half version of a British oceanliner either. As I mentioned yesterday, if our Federal Reserve presidents are happy that it weakened my dollar, I am not a fan! A weaker dollar stokes inflation fears in my mind! How to combat it in your portfolio? Stack your gold coins – after calling us first at Lear Capital!

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