POLL: Will Quantitative Easing Determine Gold's Destination?

We may all be a little baffled and even confused that Quantitative Easing is currently taking place. However, this is not the first time we, the United States of America, have implemented this rebound strategy, and we are certainly not the only ones on the globe to give Quantitative Easing a test run. Even though this strategy is usually used as a last resort, some believe that it has a very positive effect on the stock market and encourages investors to continue to invest. Regardless of your opinions on Quantitative Easing, it will affect the markets in one way or another. For example, gold has had an incredible run over the last couple of years. However, it dropped almost $100 per ounce this week.

Do you think the $100 sell off that occurred in gold this week is a sign of things to come, or will the price move higher by year’s end?

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