Prepare for Cliff-Edge, 'Monster' Money Printing: RBS

Monster quantitative easing, suggesting higher gold prices and bond yields, or essentially a prediction for a major loss of confidence in fiat money.

'Monster' Quantitative Easing Coming

Roberts is predicting the central banks are going to have to start pumping more money into the system.

"With fiscal policy off the agenda, we have always expected more quantitative monetary easing," he wrote. "And this time will be different. We have always argued that buying of bonds is less efficient than guaranteeing yield levels, and that yields are the key, not raising money supply, given demand for credit is dead."

Source: cnbc.com