Fed Balance Sheet vs Gold Price

in #money9 years ago

Since 2004 you can see the Feds balance sheet comparing to the price of gold. Since they invented this monster called Quantitative Easing the balance sheet has gone vertical. how long can they keep the printing press running before gold will catch up to them?
Fed Balance Sheet vs Gold Price.jpg
The gold line is golds price, The blue is the feds balance sheet and the gray area is the recession.

Where do you think the price of gold will go?

I think gold and Bitcoin will sky rocket but who will price more in dollars?
tell me what you think below and leave a comment and please don't forget to smash that upvote!

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Once again great post for information on a value wealth tool...Gold!
I am waiting for the price of Gold & Silver to make their move.
Just need the dark pools to stop manipulating this whole thing.
I don't know the timeline on that happening, but I am waiting to see it finally happen.

Thanks for the post.
If you don't mind...I am going to Re-Steem this post.

well we are heading for a deflation so if gold and silver goes lower don't pull out like many others are similar to whats happening to bitcoin. gold may hit the 700s and silver the 10s but all that means for me is that the banks want to knock out traders and investor all they did is make it cheap for me lol.

Yes, i agree. They want it cheaper for them to load up

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