War On Gold Heats Up As Global Markets Continue To Plunge
KingWorldNews.com
February 3, 2014
On the heels of continued volatile trading in global markets, today a man out of Europe who has been extremely accurate with his calls on the gold market sent King World News a fantastic piece which discusses how gold will trade and why we are seeing such enormous market volatility. It also includes a fantastic chart from Ronald-Peter Stoferle of Incrementum AG out of Lichtenstein.
By Ronald-Peter Stoferle, Incrementum AG Lichtenstein
February 3 (King World News) – War On Gold Heats Up As Global Markets Continue To Plunge
Today the main factor influencing financial markets seems to be the anticipation of central bank actions. Historical market patterns have been radically altered over recent years. Since 2009 the Fed has reacted to every economic slowdown by introducing fresh easing measures, so that a paradoxical situation can be observed by now: disappointing macroeconomic data lead to price increases in stocks, as a continuation, respectively expansion of the QE program is priced in. Better than expected macroeconomic data on the other hand lead most of the time to price declines, as a reduction of future QE is anticipated.
The Rest…HERE
