Gee...this economics stuff is tough, right?
The little guy on the right holding the baseball bat can tell you where the US dollar is headed from here over the long term.
The fact of the matter is that QE3 has already begun, and QE will continue until the point where The Bernank precedes to his next step of gold revaluation, or the point when the US dollar collapses into hyperinflation.
QE to Infinity....AND BEYOND!!
I think the dollar chart basically confirms my point that quantitative easing will be started again soon. Last week’s big jump in the major stock market indices is basically saying the same thing. All we need now is an indication from policy makers that QE3 is imminent. The effect this will have on gold and silver will be nothing short of spectacular given how sold out both of the metals have become during their correction over the past two months.
