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http://seekingalpha.com/articl…d-market-is-getting-worse
This expansion of the money supply will devalue the U.S. dollar by 30% over the course of 1 year against a real currency like gold (GLD). This can be easily calculated when you look at the percentage growth in the Federal Reserve's balance sheet, which is $1 trillion/year on an asset base of $3 trillion. Gold will be at $2500/ounce in a year from now if QE3 devalues the U.S. dollar by 30% in one year's time.