Explanation of QE from The Economist - http://www.economist.com/blogs/econo...ist-explains-5

To carry out QE central banks create money by buying securities, such as government bonds, from banks, with electronic cash that did not exist before. The new money swells the size of bank reserves in the economy by the quantity of assets purchased—hence "quantitative" easing.
Electronic cash makes its way into the marketplace devaluing the USD, Euro, Yen, Yuan, etc.

Gold and sliver are hedges against this currency devaluation, so are guns, ammunition, long-term food (Mountain House #10 cans with 25 year life expectancy), your own skills.

Please notice that the DOW, NASDAQ, S&P 500 haven't moved up since the US discontinued the QE program at the 4th iteration; that is an indicator that the growth of these fiat paper markets since 2009 is artificial.

For those of you dependent on fiat paper don't worry, QE5 is on the way, then your accounts will start in increase in "value" once again. The EU are scheduled to complete their current round of QE after September 2016, I don't believe Japan can stop their QE programs, the Japanese economy would certainly take a HUGE hit that they cannot afford not that they can afford the long term effects of QE but I digress.

Japan QE - http://www.economist.com/news/financ...end-their-cash

The BoJ began its QE—printing money to buy bonds—in April 2013, and in October 2014 it expanded the programme to ¥80 trillion a year ($660 billion at the current exchange rate), up from between ¥60 trillion and ¥70 trillion a year. This time it left the pace of its annual asset purchases unchanged. But it did make four minor adjustments, largely to facilitate and fine-tune what it was doing already.
Once a country starts QE, it quickly becomes dependent on it and it just keeps digging. There is no drug quite like creating money from thin air.