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GOLD & SILVER POWER BARS: SILVER SET TO EXPLODE ON QE4
by alexoscarew | December 2, 2012 at 09:15 am
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http://newsdoors.blogspot.com/2012/12/gold-silver-power-bars-silver-set-to.html
Many market pundits seem to have forgotten how strongly QE can affect the price of gold. This gold chart highlights those effects, with a broad green “chart brush”. Note the thick green bars. They highlight the gold price action during QE1 & QE2. I believe QE3 (and possibly QE4) will produce very similar results. When the Fed purchases bonds in the open market with printed money, gold tends to rally for a significant period of time.
http://newsdoors.blogspot.com/2012/12/gold-silver-power-bars-silver-set-to.html
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