How Helicopter Ben Gave Gold Wings With QE3

After Federal Reserve Chairman Ben Bernanke announced QE3 on
September 13, gold immediately rallied by nearly 3%.

Continued easing on the part of the Fed continues to pump the
economy full of ever cheaper dollars, and increases the attractiveness of
gold as a safe-haven asset. When this will end is anybody’s guess. But
for now it’s widely expected that easy money will be the norm through at
least mid-2015.

The Fed’s renewed attack plan to boost asset prices, keep interest
rates low and devalue the dollar (the latter is not an

To top