anyway, what exactly are we talking about, lol I've forgotten.
1. whether QE creates money (expands the money supply)? well it does if it encourages the issue of new bonds end up on the fed's balance sheet right?
2. whether the state's economic situation is sustainable? probably no disagreement there at all i guess.
3. whether QE (that is expanding the money supply) reduces the purchasing power of the currency in question? (i.e. POG UP in that CCY): if you agree with 1. above then yes it does.
4. .... what will make gold stocks go up? (wish I knew heh)
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