Fed will never taper because consequences will be "catastrophic" - E.B. Tucker
When will the Fed taper? Never, says E.B. Tucker, director of Metalla Royalty and author of "Why Gold, Why Now?"
"Now the debate is why will they stop [quantitative easing]? They'll never stop. It's never going to stop," Tucker told David Lin, anchor for Kitco News.
Tucker said that inflation is not transitory, and the Fed needs it, like a drug addiction.
“This is 14 years into an economic emergency. Remember, it was 13, 14 years ago that we said we just need a little bit of help…imagine, 13 years later, you’re still taking on a lot of help,” he said.
For information on gold miners and royalty companies, watch the video above. Follow David Lin on Twitter: @davidlin_TV