How gold protects investors' purchasing power

If the US Federal Reserve continues to print money at the current rate of $85 billion a month and do not announce any cutbacks to its quantitative easing program today, the US central bank’s balance sheet would top the $4 trillion mark by the end of the year.

Expectations vary widely on when the Fed will throttle its asset buying program, but few expect it to be this year and some economists only see cutbacks in Spring of next year.

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