The QE-II (no, it is not the British ocean liner!)

QE-II. That is Quantitative Easing, version 2.0. Sounds pretty neat, doesn’t it? I don’t think so and neither did Bill Bonner of The Daily Reckoning. Why? Because it means a dilution of the value of our dollar. He called it well yesterday in his essay

Feds Plan to Duplicate the "Success" of Quantitative Easing

I found this tongue-in-cheek especially poignant: “It said that its first round of "quantitative easing" (AKA money printing) was a great success and that it planned to do more. No sitting on their hands at the Fed. No idling on the sidelines. No waiting to see what develops.

Uh uh... They're going to take action.”

Importantly, he also said this: “Stand clear, dear reader. Hold onto your gold.” That is REAL gold – physical gold. Gold coins that is.

Read the whole article here and get your gold coins today at Lear Capital!