That’s Quantitative Easing (to) Infinity. The futures for the precious metals were (how to politely say this?) in the crapper this morning with Gold down $40 on the futures earlier and silver down 4{660353129f8d892044c993645a1c75194301fec6786a7f617c15adde0b0011e9} as well. What’s going on is a titanic battle between the forces of Deflation and Inflation since we’re in the Second Depression by my reckoning, and will be until 2017, more’n likely. Inflation, is in the process of having its butt kicked. Which, as I have warned before, is a problem for the metals just waiting to happen. In play this morning. In fact, what’s happening right now is that the Fed is not pushing so much money into the economy as to make inflation show up – which could save gold. Instead, while…
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