gold, page-154

  1. 44,246 Posts.
    lightbulb Created with Sketch. 2012
    That's a ludicrous post and a complete denial of history.

    QE in the US ran from 2008 - 2014.
    To claim that over that period it had no effect on gold prices as they soared to USD 1889 an oz is preposterous. Run-away inflation was supposed to result from the QE and gold naturally soared in anticipation of that eventually.

    To focus on the last four years is wrong: this covers 2012 to 2016, during the period that QE in the US was wound down and ended.
 
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