gold, page-161

  1. 11,400 Posts.
    lightbulb Created with Sketch. 565
    No I didn't prove your argument, in fact I disproved it. You're attempting to twist words to suit your own prejudice. Again.

    QE3 was the largest QE in the entire world to date. Between it's start and it's end, the period from September 2012 to October 2014.

    In that period, the following happened:

    1. FED QE assets increased by 4.5trillion.
    2. Gold price fell from $1700 USD to $1200 USD.

    This does not support your hypothesis that increasing fed QE relates to an increase in gold price. The two just aren't linked as intrinsically as you believe.

    Also, just FYI -> Gold price between 2003 and 2008 increased from $300USD to $1000USD and yet in that time interest rates rose from 1.5% to 5%.

    So you're entire theory is not based on facts.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.