- hence why they are are selling bonds and buying mortgage backed securities.
Last I heard they are buying $80 to $90 Billion worth of mortgage backed securities every month (QE3 forever). This type of action will surely increase the want for physical gold in coming years by central banks and those few mum and dads who are open to world economics. At these prices TAM and ABU are great buying and I for one are buying as well with a slight bias for ABU.
Ann: Appointment of Acting CEO , page-23
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