"Each of the last three easing cycles took rates lower than where they were at the end of the prior easing cycle. Given that the fed funds rate is at zero (and the Shadow Rate got to as low as -2.99%), one shudders to think how low the Fed is prepared to go the next time around. As a result, investors may want to consider re-positioning their assets for another period of possible monetary easing not a period of tightening, which I believe, in fact, is already well underway and will soon be a thing of the past. December is far less significant than what almost everyone has been led to believe."

http://www.europac.com/commentaries/shadow_rate_casts_gloom

"But it may, in fact, be an excellent double bottom, and I sure think it makes a lot more sense to buy now when gold is below $1,100 than waiting for it to be back above $1,200. And in fact, if we get above $1,200, it might be way above $1200 by the time a lot of people figure out that they need to buy it. So buying it now before the herd is a much smarter investment decision to make."

http://schiffgold.com/commentaries/rate-hike-or-no-dec-fed-meeting-will-be-bullish-for-gold-video/?utm_medium=email&utm_source=videocast&utm_campaign=videocast

So, who is saying these things?

https://en.wikipedia.org/wiki/Peter_Schiff