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Glyn G
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Only One Thing Matters For Gold Prices: There is No More QE

- Sam Kirtley - Sk Options Trading

In the second last para you state: "Much of successful trading and investing depends on solely recognising and reacting to what is happening right now, rather than striving to predict how the world may look many years from now. Right now the Fed is not easing monetary policy...". In the following para you state: "In conclusion our message is simple; forget everything else, there is no more QE so gold prices are not going higher". Anyone else spot a gaping inconsistency there?

So your argument is based entirely on what Bernanke SAYS he is going to do but hasn't actually done yet. Well that seems sound thinking. After all. Why would he lie?

Commented 4123 days ago

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Beginning of the headline :One can make numerous arguments for the future direction of gold prices, citing a myriad of facts and statistics to justify one’s position, but the reality is there is only one factor that matters right now; the Fed is not delivering any more QE. This means gold prices will continue to head lower, a view we have held since the start of this year. All other arguments are overridden by the simple reality that Bernanke is currently in discussion as to a potential “tapering” of QE, so additional eas... Read More

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