You'll never hear anyone on this forum admit to it.
Well I think the goal of QE is to weaken the dollar. So yes, QE3 will work, as did QE1&2.
back to 300$/oz?
how low will the USD be when that happens is the real question. I don't think we'll ever see 300$/oz again without a "New Dollar"
QE isn't about weakening the dollar... that's a side effect
its about forcing banks to loan money.
And forcing cash hoarders to spend/invest.
right,
So the only thing that could foil QE plans is if everyone invest into things like Gold and not them self's, and hope the economy goes to shit, just so they can play out their "financial meltdown survivor" fantasy
Ah ah, what a shitty strategy then. They must be morons
Hint : they are anything but stupid.
yes youtube videos are telling everyone the dollar is going to crash hardcore very soon.
the solution? buy gold!
right....
buy can food / rice if your scared of a financial meltdown.
no one in their right mind is going to trade their food for your gold....