James Turk today made a fairly simple call in our opinion- the official announcement of QE3 will send the dollar to new lows and gold to new all-time highs.
Gee…this economics stuff is tough, right?
The little guy on the right holding the baseball bat can tell you where the US dollar is headed from here over the long term.
The fact of the matter is that QE3 has already begun, and QE will continue until the point where The Bernank precedes to his next step of gold revaluation, or the point when the US dollar collapses into hyperinflation.
QE to Infinity….AND BEYOND!!
When they start QE3, the Us dollar index will plunge to new lows. Gold will also be at a record high by then as well.Click here for more from James Turk: