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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