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<p>[QUOTE=&quot;fatima, post: 1225839, member: 22143&quot;]Indeed.&nbsp; I didn&#039;t even mention QE in my post above.&nbsp; My comments specifically mentioned an increase in the debt and direct payments to the banks (TARP &amp; Tarp like)&nbsp; These are worse than QE because they directly cause an increase in base dollars and thus make a direct hit on inflation.&nbsp; The effects of QE, are not as well known because much of that activity is hidden by the Fed.&nbsp; However this would make it even worse and highlights even more the failure of silver to track it.</p><p><br /></p><p>It should also be noted the Democrats failed to even produce a budget in early 2010 as required by law, and silver didn&#039;t catch that either.[/QUOTE]</p><p><br /></p>

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