This is a brilliant but somewhat long interview that is really worth a listen as it foretells the feds nefarious and deceitful plans to "end QE".

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/3/12_Jim_Rickards.html

The Fed is set to hint at the March meeting then announce the end of QE2. This will be orchestrated to drive down oil, gold and silver prices and helping JPMorgan. There will be no QE3 because they have a hidden QE in perpetuity. Unknown to the public the Fed has a huge balance sheet of treasuries of $1.6T+ which generates $750B of maturing treasuries to be rolled over into new treasury purchases every year. This is more than enough purchases to offset the end of the $600B QE2 program. Note that $600B was actually $900B because there were $300B rolled over into new purchases left over from QE1.

Now we know how the Fed can end QE2 and how they plan to drive down bullion prices - through subterfuge and terminology. The government will still be buying its own paper but pretending otherwise. Thanks Mr Obama for the promised transparency in government.