QE3 Announced!

If you have been attending my seminars since January 2012, you will hear me saying the word ‘QE3′ a lot! In my opinion, QE3 is the biggest catalysts to gold & silver prices movement besides the General Election and what’s happening right now in Europe.

Last night, the Federal Reserve announces QE3 – http://www.bloomberg.com/news/2012-09-13/fed-plans-to-buy-40-billion-in-mortgage-securities-each-month.html

The moment this news was announced, it drove gold & silver up!

Like it or not, there is no doubt that the Federal Reserve is going to create multiple trillions of dollar and it won’t stop! If the world’s confidence towards the US Dollar drops, they are going to turn to Euro and with Euro’s situation right now, it means there aren’t any other currencies to turn to.

In such situation, we can only look at gold & silver – the only currency without a printing press.

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