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U.S. Federal Reserve Board chairman Ben Bernanke.
U.S. Federal Reserve Board chairman Ben Bernanke.
(JIM BOURG/REUTERS)

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Further Fed easing likely to boost precious metals

Precious metals investors often warn that the U.S. Federal Reserve is printing money at an irresponsible clip, but the Fed’s balance sheet has actually been shrinking throughout 2012.

This, however, may be about to change. If so, gold investors will enjoy another moment in the sun on Wednesday afternoon when chairman Ben Bernanke unveils the central bank’s latest policy announcement.