GOLD COULD SURGE VIOLENTLY HIGHER NEXT WEEK IF FED FAILS TO ANNOUNCE TAPER
SEPTEMBER 11, 2013
The upcoming FOMC meeting, press conference, and the taper caper issue are creating modest tension in the gold community, but the gold chart looks very healthy.
If Chairman Bernanke stuns the mainstream money managers by holding off on the “taper caper”, gold could surge violently higher.
Any tapering that does occur is likely to be quite mild, and it’s probably already priced into the gold market now.