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Sunday, October 7, 2012

Fed QE and Gold, Silver

From SilverSeek
By Adam Hamilton

''Quantitative easing is pure inflation, the classic debt monetization that has proved so dangerous and ruinous all throughout world history. Gold and silver have always thrived as currencies are being debased, as they’ve proven abundantly during QE1 and QE2. And despite starting out small, the open-ended nature of QE3 has really ignited inflation expectations like nothing we’ve seen in a long time.''

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