Tuesday, December 4, 2012

Why Gold Prices Will Soar After FOMC Meeting?

Gold prices will start another epic run beginning Dec. 12 – the day the Federal Reserve will double down on QE3 at its Federal Open Market Committee (FOMC) meeting.

Decisions made at the Dec. 12 FOMC meeting could add as much as $2.2 trillion to the Fed's balance sheet over the next two years, which will turbocharge gold prices, silver prices and oil prices.
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"Our baseline expectation is a continuation of the current pace of asset purchases of $85 billion per month on an open-ended basis..."

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