Sep

19

 You have to admit that it's amazing to see gold go up 4 1 /2 % or $ 63 in 3 1/2 hours on a delay of the tapering by a few months. Since gold has been around for thousands of years, and is a store of value, a useful commodity, and an inflation hedge, you would think it had more of a base of operations that it seems to have.

Craig Mee writes: 

Is this Fed move a culmination of all the bailouts since '97, a pinnacle of their "success"? Can their position be deeper or more all in. Is it a total disruption of market ebbs and flow or just another ebb and flow? Along with major bank or other insider plays (has this got larger in itself over the period?), where is it going for asset prices from here? Is gold up large with equities a vote of confidence for equity traders or just the opposite…


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