2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.91

+0.4%

4:00 PM EST

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To: GPS Info who wrote (102852)	9/22/2013 1:20:16 PM
From: 2MAR$	Read Replies (3) of 217671

NUGT, just a one day Fed fueled no-taper squeeze event, then right back down on talk taper could indeed come back on the table as early as next month , thats why we love the trade on DUST/NUGT Gold Down Again On Bullard Blather blogs.barrons.com Gold futures took a leg lower and funds look ready to follow after a Federal Reserve official hinted a slowdown in the central bank’s bond purchases could come as early as next month. St. Louis Fed President James Bullard said the “taper” could arrive as early as October if the economic data warrants such a move. It would be a minor upset to some strategists, as this blog noted earlier today. One example: the folks at UBS, who pushed their forecast of the beginning of the beginning of the end of bond-buying stimulus into 2014 after the Fed balked on Wednesday. The most heavily traded gold futures contract is down by 1.1% as 9:30 a.m. ET approaches, at $1,354. Bloomberg “Gold sellers taking Friday even out even further as worries next week include Greece once more, German elections,and lack of inflationary pressures for now as fed keeping rates lower longer not seeing enough recovery,” writes RBC precious metal strategists George Gero in a characteristically clipped email to clients.

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