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November 22, 2011

ALERT: Fed Minutes Reveal Strong Liklihood for QE3

The latest Fed minutes from the November 1-2 meeting reveal a strong desire from Fed Board members to initiate QE3. My prediction, if this is the case, the Fed will launch a one trillion dollar purchase in coordination with the ECB and any other central banks (similar to January 2009). It will be the second time in world history that countries have devalued their currency simultaneously.

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