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Fed will never taper because consequences will be "catastrophic" - E.B. Tucker

Kitco News

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

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