Marc Faber Says 1987-Like Crash is Fast Approaching Unless Fed Brings HUGE QE3

from Silver Doctors:
Marc Faber was on Bloomberg this morning, and stated that the US faces a massive 1987 like crash without huge QE3 by the Fed.
We agree completely…if it weren’t for the fact that the Fed never stopped quantitative easing…just the official announcement of it temporarily. The Fed has purchased 62% of all treasury issuances over the past 12 months – ongoing QE is a FACT. QE will continue to infinity…AND BEYOND.
As Faber states, the alternative is disaster of unmitigated proportions.

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