Here's a link to a video which discusses what happened with gold today.
Market is expecting stimulus. Not necessarily this week, but sometime in the future.
comment:
Central banks and the government are really hooked on easy money and spending. But this doesn't address the real issue, which is a lack of growth.
Until they address that, these policies will only push inflation higher. The official fiction is that there isn't any inflation, but I am not fooled by that. Gold hasn't seen its top yet.
From the looks of things, a top won't happen anytime soon.
Al Fin: "Cowboy Commentary", aka "Eat your veggies" The Flag banner is posted in order to defy those who would make patriotic symbols illegal or disreputable.
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