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Print More Money; Prices Go Up

Last updated 4 years ago

Math or magic? During the first round of quantitative easing (QE1), which lasted 17 months, gold rose 55% and gas rose 57%. With QE2, which only lasted for 7 months, prices of gold rose an additional 28%, and gas rose 29%. The direct correlation during quantitative easing is not magic, it's simple math. Now with the new QE3, gold prices immediately shot up as well as at the gas pump.

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