What does the end of QE mean for gold?

The performance of gold obviously depends on the U.S. economic condition and the Federal Reserve’s future actions. In the short run, the end of QE3 will most likely not change anything and gold will most likely decline on a dollar rally.
It is likely to last as long the U.S. central bank credibility is at all-time heights. This is because gold can be seen as the reciprocal of central bank credibility. Thus, … read more