Hi Biggles, Guss and All,
Well folks as we all await the outcome from the Jackson Hole talk fest and wonder if Uncle Ben will give the markets what they apparently expect or will he once again disappoint I thought it an opportune time to have QE explained once again.
Here is QE explained by the BOE.
http://www.bankofengland.co.uk/monetarypolicy/Documents/pdf/qe-pamphlet.pdf
And here we can have QE explained in a simple more brutal fashion by two much more likeable characters. You can skip the add.
http://www.youtube.com/watch?v=PTUY16CkS-k
At least we can still smile at this wonderful financial fiasco going on all around world knowing that holding gold and silver is at least our best hope of surviving what is surely coming.
QE-3 or not I still hold the opinion that the Gold and Silver price will continue to rise until the clowns running the show realise the errors of their ways and start thinking straight! Not something I expect to see in the near future.
Good luck to all in your preferred method of protection from this chaotic financial morass!
By the way I return to the Gold Coast next week I just wish to say that during the last twelve months in the UK and Europe no crocodiles, salmon or brown trout have been permanently injured by my hand.
Cheer sand very best regards: Andy
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