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do you think the FED will do QE3 sometime this year?
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<p>[QUOTE="medoraman, post: 1414580, member: 26302"]Interesting articles, thanks for posting. I view these slightly differently. Both countries are in dire financial positions due to this extraordinary demand for gold by their populations. The central banks are simply viewing this as a short term problem of people panicing, but its causing inflation for everyone. Its much akin to the problem in the US to our demand for oil, our insatiable thirst for oil is pressuring the dollar as oil increases. </p><p><br /></p><p>I guess at least in the case of Vietnam I am not sure I would do differently if presented with the same facts, and I was in power there. I am sure many disagree, but it sure looks like the gold bugs are causing inflation in that country. As for Turkey, I think its more a shortage of capital prohibiting banks from making loans to help the economy grow.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1414580, member: 26302"]Interesting articles, thanks for posting. I view these slightly differently. Both countries are in dire financial positions due to this extraordinary demand for gold by their populations. The central banks are simply viewing this as a short term problem of people panicing, but its causing inflation for everyone. Its much akin to the problem in the US to our demand for oil, our insatiable thirst for oil is pressuring the dollar as oil increases. I guess at least in the case of Vietnam I am not sure I would do differently if presented with the same facts, and I was in power there. I am sure many disagree, but it sure looks like the gold bugs are causing inflation in that country. As for Turkey, I think its more a shortage of capital prohibiting banks from making loans to help the economy grow.[/QUOTE]
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do you think the FED will do QE3 sometime this year?
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