RE: Gold and the FED The US balance sheet expansion is huge, and it's open ended!!!! Meaning......the FED has panicked and they are basically going to ease in a BIG way, with no end date in sight. JP Morgan et al will attempt to put the brakes on this surge in gold and silver; they have to because of their massive short exposure, especially in silver......but they're really f**ked now. Imvho, the best strategy going forward is to hold on to your gold, silver and PM stocks, and not attempt to trade in and out. As Jim Sinclair has been predicting, and looks to be right....."it's QE to infinity".